Suppose that at a higher satisfaction level than in Problem F-3, Sue's constant-utility preferences are as shown

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Suppose that at a higher satisfaction level than in Problem F-3, Sue's constant-utility preferences are as shown in the table below. Calculate the slope of Sue's new budget constraint using the information provided in Problem F-5, supposing now that the price of a soft drink falls to $1, find the combination of goods that satisfies Sue's utility maximization problem in light of her budget constraint?
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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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