the marginal utility schedule for goods x and y are given below. both are priced at Rs1 each and income of Rakesh (an individual ) is assumed to be Rs 8
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Both the goods are proced at Rs 1 each and income of Rakesh (an individual) is assumed to be Rs 8. ∗ MU of each commodity falls as consumption increases. ... The total satisfaction of 107 utils (=19+17+15+13+12+11+10+10) will be obtained.
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