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Economics Assignment | College Homework Help

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April 15th, 2020

 Mr. Douglas’s marginal rate of substitution is six slices of bread for two Pepsis at the present combination of Pepsi and bread he is consuming. College Homework HelpIf the price of each Pepsi is $2.00 and the price of a slice of bread is $3.00, is Mr. Douglas maximizing his utility? If not, how should he change his consumption? Briefly explain your response.

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