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An individual has the utility function y= 4x 0.5 y 0.5 and can buy good X at 2 a unit and good Y at 8
An individual has the utility function y= 4x0.5 y0.5and can buy good X at 2 a unit and good Y at 8 a unit. If their budget is 100. Find the combination of X and Y that they should purchase to maximize utility
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