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Business, 02.03.2020 23:19 rina62

Maria lives on apples and bananas only. His utility function is U(a, b) = min {a + b, 2b}. She maximizes her utility subject to her budget constraint and consumes the bundle (a, b) = (4, 4). What is the relationship between apple price and banana price?

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Maria lives on apples and bananas only. His utility function is U(a, b) = min {a + b, 2b}. She maxim...

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