Business, 11.05.2021 01:50 Eltravieso

Imagine that two goods are available to you: servants (X) and robots (Y). You like servants three times as much as robots. If your domestic help budget is $4,000 per month, the price (wage) of servants is $1500 per person per month, and the price (rent) of robots is $400 per unit per month, what is the value of the MRSXY

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Imagine that two goods are available to you: servants (X) and robots (Y). You like servants three ti...

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