The consumer derives utility from tutoring sessions

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The consumer derives utility from tutoring sessions and bowling according to the utility function U(b,t). The consumers marginal utility from each game of bowling is MUb=t and the marginal utility of each tutoring session is MUt=b+1. What is the consumers marginal rate of substitution?

Reference no: EM13888354

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The consumer derives utility from tutoring sessions : The consumer derives utility from tutoring sessions and bowling according to the utility function U(b,t). The consumers marginal utility from each game of bowling is MUb=t and the marginal utility of each tutoring session is MUt=b+1. What is the cons..

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