What happen if marlowe obtains utility per dollar

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Q. Suppose that the free market exchange rate for the dollar is 120 yen, but the U.S. and Japanese governments want it to be 130 yen/dollar. Use graphs to illustrate what the governments can do to achieve that goal

Q. If Marlowe obtains 9 units of utility per dollar spent on apples and 6 units of utility per dollar spent on oranges, then Marlowe what?

 

Reference no: EM1350542

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