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A consumer has the utility function U(X,Y)= MIN(3X, 5Y) and $143 to spend. The price of X = $3, and the price of Y =
A consumer has the utility function U(X,Y)= MIN(3X, 5Y) and $143 to spend. The price of X = $3, and the price of Y = $1. Calculate the equivalent variation when the price of X changes to $10. Round your answer to two decimal places. Your answer should be a positive number.
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