Mary is in equilibrium the mua 6 mub 12 pa2 what is the
1. Mary is in equilibrium. The MUa =6, MUb =12, Pa=2, what is the price of b?
2. Zach is in equilibrium. The MUa=2, MUb=8, what is the price of a in terms of the price of b?
3. What is the utility maximizing or optimization condition?
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