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Let MUx and MUy stand for the marginal utility of goods X and Y, respectively. L...
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Let MUx and MUy stand for the marginal utility of goods X and Y, respectively. Let Px and Py stand for the price of goods X and Y, respectively. Assume that for a given consumer MUx and MUy are equal to each other, and Px is greater than Py. In this case, the consumer is better off if he consumes
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