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3. Suppose the production possibility frontier for guns (X) and butter (Y) is given by X2 + 212 = 900 If individuals utility function is

3. Suppose the production possibility frontier for guns (X) and butter (Y) is given by X2 + 212 = 900 If individuals utility function is U(X, Y) = VXF (a) How much X and Y will be produced? (b) What will be the relative price

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