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 one year ago
Chen has preferences represented by the utility function: U(x; y) = minf4x + y; x + 6yg. If x is on the horizontal axis and y is on the vertical axis, what is the slope of his indierence curve at the point (9; 4)?
 one year ago
Chen has preferences represented by the utility function: U(x; y) = minf4x + y; x + 6yg. If x is on the horizontal axis and y is on the vertical axis, what is the slope of his indierence curve at the point (9; 4)?

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