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There are two products A and B. If the marginal utility of A exceeds the marginal utility of B at their last units of consumption,
There are two products A and B. If the marginal utility of A exceeds the marginal utility of B at their last units of consumption, it will be irrational for a consumer not to buy more of A and less than B. Is this statement correct or incorrect? Explain. (30 marks)
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