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Posted: July 8th, 2023
Consumption bundles, economics homework help
Question description
FYI - All the point are supposed to lie on the indifference curves for these questions even if they appear a touch off.Based on the budget constraint and 3 indifference curves shown here we know that:A.Consumption bundles Y and X provide the same utilityB.Consumption bundles Y and Z provide the same utilityC.Apples cost $1 and pizzas cost $4D.Consumption bundles X and W provide the same utility
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