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Alice derives utility from only two goods, fish (1) and steak (2). Her utility function is given by: (1, 2) = 1 32 2. She
Alice derives utility from only two goods, fish (1) and steak (2). Her utility function is given by: (1, 2) = 1 32 2. She has a monthly budget of $500 to spend on them. The price of fish per meal is $30 and the price of steak per meal $20. How much do you think she will spend on fish per month
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