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The Below Figure Shows the Various Combinations of the Goods

Question 126

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The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3
The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3 -A utility-maximizing consumer always purchases a good that yields the greatest average utility per dollar of expenditure.
-A utility-maximizing consumer always purchases a good that yields the greatest average utility per dollar of expenditure.

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