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09 Question (2 points) a See page 79 Clayton's utility function can be written as (x_1{O.25}x_2{0.75}), where (x_1) is the quantity of hamburgers consumed and
09 Question (2 points) a See page 79 Clayton's utility function can be written as \\(x_1"{O.25}x_2"{0.75}\\), where \\(x_1\\) is the quantity of hamburgers consumed and \\(x_2\\) is the quantity of milk shakes. His income is $2,400.00. v 15t attempt A Part 1 (1 point) 0 See Hint Hamburgers cost $8.00 each and the price of one milk shake is $4.00. If he is maximizing his utility, how much will Clayton spend on hamburgers? $ Part 2 (1 point) 0 See Hint The price of hamburgers decreases to $7.37 each. Now, how much will Clayton spend on hamburgers if he is maximizing his utility? $ 8 OF 12 QUESTIONS COMPLETED >
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