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Teaching Since:	Apr 2017
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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
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Polytechnic State University
Jan-2012 - Nov-2016

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Harvard Square Academy (HS2)
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Category > Economics Posted 13 Jun 2017 My Price 3.00

If Ann’s marginal rate of substitution of X for Y is 5, that is, MUx/MUy = 5 – the price of X is $9

If Ann’s marginal rate of substitution of X for Y is 5, that is, MU_x/MU_y = 5 – the price of X is $9, and the price of Y is $2, she is spending too much of her income on Y. Do you agree or disagree? Explain your answer using a graph.

Apr 19 2016 06:12 AM

Answers

Alpha Geek

(8)

Status NEW Posted 13 Jun 2017 03:06 PM My Price 3.00

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