Question: Help before 11 AM EST 1.- (15 points) A consumer has preferences over lemons and apples represented by the utility function U(L,A) = L x

Help before 11 AM EST

1.- (15 points) A consumer has preferences over lemons and apples represented by the utility function U(L,A) = L x A + 2A, where L represents lemons and A represents apples. Suppose the consumer's income is $60 and the price of apples is $10. Compute the willingness to pay for one (extra) lemon when the consumer consumes 2 lemons

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