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1.Given the following utility function and bundle combinations, first calculate how much utility each bundle yields and then determine which bundle is preferred.You can assume
1.Given the following utility function and bundle combinations, first calculate how much utility each bundle yields and then determine which bundle is preferred.You can assume each bundle cost the same amount.(Please show work) (1 point)
U(x,y,z) = 3x + 0.5y + z2when in bundle A you purchase 2 of each good and in bundle B you purchase 4 of x but can't afford any of y and z.
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