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Suppose a person likes both apples (A) and oranges (O) with a set of preferences so that IC=A 1/2 O 1/2 . Which combination of
Suppose a person likes both apples (A) and oranges (O) with a set of preferences so that IC=A1/2O1/2. Which combination of points makes this person the happiest
A=4,O=16
A=25,O=1
A=9,O=9
A=16,O=4
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
