Business
Business, 18.01.2021 22:00, mamas12345

Goods 1 and 2 are perfect complements and a consumer always consumes them in the ratio of three units of good 2 per unit of good 1. The price of good 1 is $1 while the price of good 2 is $4. The consumer has an income of $3,900. How many units of good 2 will be in the consumer's optimal bundle

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Goods 1 and 2 are perfect complements and a consumer always consumes them in the ratio of three unit...

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