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Economics Silvia's preferences for the two goods x1 and x2 can be represented by the following utility function U(x1, x2) = x1x2. Silvia's income is
Economics Silvia's preferences for the two goods x1 and x2 can be represented by the following utility function U(x1, x2) = x1x2. Silvia's income is m = 900 and the prices of the goods are p1 = 25 and p2 = 30. What quantities of the two goods will Silvia demand? Assume that Silvia maximizes her utility. Please provide a thorough solution and explanation
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