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Consider Equation 11 x2x_{2} , the Marginal Utility I Receive From x1x_{1}

Question 23

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Consider equation 11.34 and the model presented above. The interpretation of equation 11.34 is that for a given x2x_{2} , the marginal utility I receive from x1x_{1} increases as my visceral state becomes hotter. That is, without adjusting consumption of x2x_{2} , as my visceral state becomes hotter than the marginal utility I get from an increase in x1x_{1} increases.

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