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The consumers Utility function is given by U(X,Y) = MIN(2X,3Y), and the given bundle is X=4 and Y=2. Indicate given bundle and accurately draw the
The consumers Utility function is given by U(X,Y) = MIN(2X,3Y), and the given bundle is X=4 and Y=2. Indicate given bundle and accurately draw the indifference curve.
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Essentials of Economics
Authors: N. Gregory Mankiw
8th edition
1337091995, 978-1337515351, 1337515353, 978-1337091992
