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The utility level obtained by Siman from eating FRIED and drinking COFFEE is U = F (G, K) = G + K, where G measures
The utility level obtained by Siman from eating "FRIED" and drinking "COFFEE" is U = F (G, K) = G + K, where G measures the amount of fried food Siman eats and K represents the amount of coffee drunk. can use derivatives
a. Based on the information above, find the marginal utility rate from consuming Fried and Coffee
b. Based on the results in point a, does Siman believe in the concept of "more is better" for each item consumed?
c. Does the law of diminishing marginal utility apply to the Siman case above
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