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tion 4 Lily only consumers good 1 and good 2 and has an income et of 20. Her marginal rate of substitution between good 1

tion 4 Lily only consumers good 1 and good 2 and has an income et of 20. Her marginal rate of substitution between good 1 1 rered and good 2 is MRS1,2 = X2/X1 . The prices for the two

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