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Sue consumes only two goods, food and clothing.At her current consumption bundle, the marginal utility of clothing is 9 and the marginal utility of food
Sue consumes only two goods, food and clothing.At her current consumption bundle, the marginal utility of clothing is 9 and the marginal utility of food is 12.The price of clothing is $0.90 per unit and the price of food is $1.20 per unit.Is Sue maximizing her utility?Explain.
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