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Based on the utility function U(x,y)= x^1/2 y^1/2, income = 1000, and price of x = 25, at what price of x will the optimum
- Based on the utility function U(x,y)= x^1/2 y^1/2, income = 1000, and price of x = 25, at what price of x will the optimum quantity of x = 200? (Multiple choice)
- $1.00
- $2.00
- $2.50
- $3.00
- None of the above. Show the right answer
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Technology Ventures From Idea To Enterprise From Idea To Enterprise
Authors: Richard C Dorf, Byers
3rd Global Edition
9780071289214
