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OpenStudy (anonymous):
Suppose that Hannah's utility function is U=3T+4C and that John's utility function is U=4T+3C, where T is pounds of tea per year and C is pounds of coffee per year. Suppose there are fixed amounts of 28 pounds of coffee per year and 21pounds of tea per year. What do the utility functions say about the marginal rates of substitution of coffee for tea?
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