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(b) Now write a utility function that represents Lorraine's preferences. (c) Would the utility function U (X, Y) = 100X + 200Y represents Shirley's preferences?

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(b) Now write a utility function that represents Lorraine's preferences. (c) Would the utility function U (X, Y) = 100X + 200Y represents Shirley's preferences? Would the utility function U (X, Y) = (5X + 10Y) represent her preferences? Would the utility function U (X, Y) = X +3Y represent her preferences

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