If the price of Y is $8 and the price of X is $4 and the marginal rate of substitution with my curre
Question: If the price of Y is $8 and the price of X is $4 and the marginal rate of substitution with my current market basket is -2, will my utility increase if purchase more X and less Y? Explain and draw a diagram.
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Deliverable: Word Document
Deliverable: Word Document
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