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Alice has the utility function (, ) = ^ / ^ / (these are exponents) She has $35 of income and faces a price of
Alice has the utility function (, ) = ^ / ^ / (these are exponents) She has $35 of income and faces a price of food, PF = $6 and a price of clothing, PC = $10. Compute the utility maximizing choice of food and clothing consumption (denoted F and C respectively). Use calculus and show all steps.
Please work this out in the EASIEST way possible.
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