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Robinson Crusoe receives utility from eating coconuts and fish His utility function is U(C, F) = C + F, where C is units of coconuts and F is units of fish If the price of coconuts is $10 and the

 Robinson Crusoe receives utility from eating coconuts and fish. His utility function is U(C, F) = C + F, where C is units of coconuts and F is units of fish. If the price of coconuts is $10 and the price of fish is $1, what can you say about the bundle (combination of fish and coconuts) that maximizes Robinson's utility? (Note: you do not need to but you can make additional assumptions if it helps you answer the question)

Apr 02 2020 View more View Less

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