alexandrialo8240 alexandrialo8240
  • 24-05-2023
  • Business
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Suppose that consumer has the following utility function: U(X,Y)= 4XY + 40X. Suppose also that Px 80. What would be the optimal consumption of X and Y at the equilibrium, = 10, Py = 20 and I respectively?
a) 8,0 b) 4,2
c) 0,4 d) 6,1

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