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With the per-unit prices of broccoli

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With the per-unit prices of broccoli [B] and pork rindsiR) equal to $2 and $1, a consumer, George, with an income of $1,000 purchases 400R and 300B. At that point, the consumer's MRSBR = 2R/lB. Does this mean that George would be just as well off consuming 200R and 4003? Explain with a diagram.

Reference no: EM131651813

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