=+tells him that his current consumption bundle cannot be optimal. a. Is Lauren right? Why or why

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=+tells him that his current consumption bundle cannot be optimal.

a. Is Lauren right? Why or why not? Draw a diagram of Ralph’s budget line and the indifference curve that he is on by making his current consumption choice. Place restaurant meals on the horizontal axis and gym sessions on the vertical axis.

b, How should Ralph adjust his consumption so that it is

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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Question Posted: Oct 03, 2024 04:04 AM

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=+tells him that his current consumption bundle cannot be optimal. a. Is Lauren right? Why or why

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