Consider a consumer with the utility function U (P) (W) where P and W stand for slices of pizza and pounds of wings The marginal rate of substitution of pizza for wings is MRSPW W VP This consumer allocates $36 dollars per week between the two the current price of a slice of pizza is $3 and a poun...

Consider a consumer with the utility function U = (P) + (W) where P and W...

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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