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EXERCISE 1 Max has utility function ill-1714172) : 331(332 + 1). The price of :171 is $2 and the price of 392 is $1. Income

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EXERCISE 1 Max has utility function ill-\"1714172) : 331(332 + 1). The price of :171 is $2 and the price of 392 is $1. Income is $10. How much 11:1 does Max demand? How much 532? If his income doubles and prices stay unchanged, will Max's demand for both goods double

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