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The Below Figure Shows the Various Combinations of the Goods

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The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3
The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3    -Suppose that apples and bananas both cost the same, but the marginal utility of bananas is twice as high as that for apples. This implies the consumer should purchase more apples and fewer bananas in order to maximize utility.
-Suppose that apples and bananas both cost the same, but the marginal utility of bananas is twice as high as that for apples. This implies the consumer should purchase more apples and fewer bananas in order to maximize utility.


Definitions:

Water Stress

Water stress refers to the condition where the demand for water exceeds the available amount during a certain period or when poor quality restricts its use, impacting ecosystems, agriculture, and human populations.

Stomata

Microscopic pores found on the surface of leaves and stems of plants, facilitating gas exchange and water vapor release.

Axillary Buds

Buds located in the axil of a leaf that have the potential to develop into a branch, leaf, or flower.

Plant Hormone

Chemical substances produced within plants that regulate growth, development, and other physiological processes.

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