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Business, 20.03.2020 00:38 natjon528

Oscar spent his entire income on only two goods: good X and good Y. At his current consumption of the two goods, the marginal utility of X is 8 and the marginal utility of Y is 2. If the price of X is $4.00 and the price of Y is $0.50, then to maximize his total utility, Oscar should have

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Oscar spent his entire income on only two goods: good X and good Y. At his current consumption of th...
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