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Jimi's Utility Function for Guitars (G) and Haircuts (H) Is

Question 83

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Jimi's utility function for guitars (G) and haircuts (H) is U = 1.05GH. Eddie's utility function for guitars and haircuts is U = GH + H0.5. Does Jimi or Eddie receive more satisfaction from consuming 10 guitars and 9 haircuts?

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According to the utility functions, Jimi...

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