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Table 58 Shows Jacintha's Marginal Utility for Goods a and B

Question 136

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Table 5.8 shows Jacintha's marginal utility for Goods A and B.
Table 5.8 shows Jacintha's marginal utility for Goods A and B. a)Suppose Jacintha's budget is $12 and P<sub>A</sub> = P<sub>B</sub> = $2,should she spend her entire budget? Explain why or why not. b)Suppose Jacintha's budget is $20 and P<sub>A</sub> = P<sub>B</sub> = $2,should she spend her entire budget? Explain why or why not.
a)Suppose Jacintha's budget is $12 and PA = PB = $2,should she spend her entire budget? Explain why or why not.
b)Suppose Jacintha's budget is $20 and PA = PB = $2,should she spend her entire budget? Explain why or why not.

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a)Yes,Jacintha should spend her entire b...

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