Levis preferences are defined over left shoes and right


Levi's preferences are defined over left shoes and right shoes (xL , xR). Write down a plausible utility function for his preferences. Plot the consumption bundle (3,2) and the indifference curve on which it resides. What is Levi's Marginal Rate of Substitution at the bundle (3,2)?

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Business Economics: Levis preferences are defined over left shoes and right
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