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A) suppose a consumer prefers a sandwich with 2 slices of bread and 2 slices of ham. Assume that price per slice of bread is .10 and per Ham is .25. The consumers budget for lunch is 3.50. Write the budget constraint and show a few indifference curves. How many sandwiches will he consume? What is the MRS between bread and salami? What is the MU of bread?

Business Economics, Economics

  • Category:- Business Economics
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