mistyhyser3860 mistyhyser3860

25-10-2022
Business

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instead of spending a fixed amount of income on nuggets, the consumer instead wants to reach 100 units of utility. assuming the same prices as above, what is the cheapest way they can achieve this level of utility (i.e. what is their hicksian demand)? how much does it cost the consumer to achieve this level of utility?

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