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Business, 26.06.2020 15:01 genyjoannerubiera

Write an expression of the marginal rate of substitution (MRS) in terms of L and M? What is the allocation of hours of leisure and hours of work if there 16 hours available. What is the total utility at the maximizing level?

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Write an expression of the marginal rate of substitution (MRS) in terms of L and M? What is the allo...
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