Microsoft word - review questions quiz 1docxmanning only, Ask an Expert

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Microsoft Word - Review Questions Quiz 1.docx

Manning only consumes goods X and Y. His marginal utility from consuming good X is 4, and his marginal utility from consuming good Y is 5. If the price of X is $6, the price of Y is $8, and Manning's income is $48, how much of good X will he purchase?

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