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Q1. Bill currently uses his entire budget to purchase 5 cans of Pepsi also 3 hamburgers per week. The price of Pepsi is $1 per can, the price of a hamburger is $2, Bill's marginal utility from Pepsi is 4 also his marginal utility from hamburgers is 6. Bill could increase his utility by:

Q2. Barb also Jim run a business which sets up also tests computers. Assume which Barb also Jim can switch between settings up also testing computers at a constant rate. The subsequent table applies. Barb has an absolute advantage in.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9165431

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