SOLUTION: Joe Bob from Problem 12 has a cousin Sam who consumes goods 1 and 2. Sam thinks that 2 units of good 1
is always a perfect substitute for 4 units of good 2. Which of the following
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Question 1111507: Joe Bob from Problem 12 has a cousin Sam who consumes goods 1 and 2. Sam thinks that 2 units of good 1
is always a perfect substitute for 4 units of good 2. Which of the following utility functions is the only one
that would not represent Sam’s preferences?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
IDK what problem 12 is, and nothing follows.
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Wake up.
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