Question: Suppose a comer has the indifference map shown below. The relevant budget line is LZ. The price of good Y is $20 (25 points) www.und

Suppose a comer has the indifference map shown below. The relevant budget line is LZ. The price of good Y is $20 (25 points)

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What is the new MRS? What is the difference between the old MRS and new MRS in terms of the slope and the marginal utility?

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