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Business, 10.03.2020 00:43 paulandigi
Bill uses his entire budget to purchase Pepsi and hamburgers, and he currently purchases no Pepsi and 6 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 2, and his marginal utility from hamburgers is 6. Is Bill's current consumption decision optimal?
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Bill uses his entire budget to purchase Pepsi and hamburgers, and he currently purchases no Pepsi an...
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