What will be his optimal consumption choices of beer and


If Lewis' Marginal rate of substitution (MRS) between beer and cheese (with beer on the vertical axis and cheese on the horiontal access) is given by: MRS=-MUc/MUb=-4B/C what will be his optimal consumption choices of beer and cheese given the original prices of Pb=$2 and Pc=$5 and income =$500? How much income is spent on beer? How much on cheese?

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Macroeconomics: What will be his optimal consumption choices of beer and
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