Essay
The marginal utility for a pair of black socks is 4 and the marginal utility for a pair of white socks is 1. 
Correct Answer:
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a. MUW/MUB = 1/4
b. By trading away 8 pair...View Answer
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Correct Answer:
Verified
a. MUW/MUB = 1/4
b. By trading away 8 pair...
b. By trading away 8 pair...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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