As seen in the table above, five consumers have the following marginal utility for Product X...
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As seen in the table above, five consumers have the following marginal utility for Product X and Product Y. The price of Product X is 1php while 2php for Product Y. Which, if any, of these consumers are optimizing their choices of Products? Consumer 1 Consumer 2 Consumer 3 Consumer 4 Consumer 1 2 3 5 MU of Product X 6 6 6 3 3 MU of Product Y 12 6 3 5 12 As seen in the table above, five consumers have the following marginal utility for Product X and Product Y. The price of Product X is 1php while 2php for Product Y. Which, if any, of these consumers are optimizing their choices of Products? Consumer 1 Consumer 2 Consumer 3 Consumer 4 Consumer 1 2 3 5 MU of Product X 6 6 6 3 3 MU of Product Y 12 6 3 5 12
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