Nbspbenrsquos preferences are represented by the marginal
Ben’s preferences are represented by the marginal rate of substitution MRS = 2y/x. His income is I = 180. The market prices are Px = 3 and Py = 1. What is his optimal consumption basket?
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suppose the demand curve for oranges is given by the equationq -200p1000with quantity measured in oranges per day and
nbspbenrsquos preferences are represented by the marginal rate of substitution mrs 2yx his income is i 180 the market
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