According to the general utility formula, the marginal utility of product A divided by the ____________ is equal to the marginal utility of product B divided by the _____________.

Fill in the blank(s) with the appropriate word(s).


price of product A; price of product B

Economics

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Marv Pilson has $50 worth of groceries in a shopping cart at his local Shop 'n Save. Assume that the marginal utility per dollar of the liter bottles of soft drink in Marv's cart equals 50. The marginal utility per dollar of the boxes of cereal in Marv's

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How would a decrease in the U.S. budget deficit affect the exchange rate in the market for dollars?

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Economics