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Economics Test Assignment | Custom Assignment Help

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Price of good X is $1.50 and the price of good Y is $3. You have $45 to spend and your preferences over X and Y Price of good X is $1.50 and the price of good Y is $3. You have $45 to spend and your preferences over X and Y are defined as: U(x,y) = x2/3y1/3 a. Calculate the marginal utility of X …

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