Karen s income is 180 and price of x is 3 price of y is 15


Karen 's income is 180 and price of X is 3, price of Y is 1.5. Now she buys 40 units of X and 40 units of Y, which is called bundle C. At bundle C , the marginal rate of substitution is 0.5. Is Karen maximizing her satisfaction level now? if not how to change her consumption to maximize her satisfaction level?

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Business Economics: Karen s income is 180 and price of x is 3 price of y is 15
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