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La Yin likes brownies (B) and chocolate bars (C) and is on the indifference curve: U(B,C) = B^2C. Consider the follwing bundles for La Yin.

Bundle A

B = 5, C = 10

Bundle B

B= 3, C= 4

Bundle C

B= 2, C= 9

Bundle D

B= 5, C= 5

What bundle is most preferred by La Yin? Which is least preferred? Which bundles is she indifferent to?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9481852

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