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tured by the utility f ll t n i In ni milizi 212 ( Perini Cin- pliments), answer the following questions (a) Is the marginal rate of substitution well-defined for these preferences? (b) In what proportion docs this consuer want to consume good 1 and good 2? (c) If p-$1 per unit and the consumer starts with one it of each good, how much of good 1 and good 2 will be in his bundle of choice? (d) If the price of good 1 doubles, how will his bundle of choice change? Provide a sketch that illustrates your answers to (c) and (e)

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