Posted: February 28th, 2017
Suppose his preferences can be described by U = 3Coffee + 2Tea. If the price of coffee is R4 and the price of tea is R1, he will buy a. All coffee b
Suppose a caffeine-deprived man needs to wake up. Suppose his preferences can be described by U = 3Coffee + 2Tea. If the price of coffee is R4 and the price of tea is R1, he will buy a. All coffee b. All tea c. Some of both but more coffee d. some of both but more tea
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