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Business, 19.10.2019 00:30 johnny08

Suppose you have a fixed amount of income and spend equal amounts on two goods, x and y. the price of good x is px = $10, and the price of good y is py = $5. the marginal utility of x is mux = 60 utils, and the marginal utility of y is my = 15 utils. how should the consumption of x and y change, if at all, to increase utility

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