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Explain clearly The CES utility function is given by u(x, y) = ( 20 + yo ) px X How does the ratio Py Y

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The CES utility function is given by u(x, y) = ( 20 + yo ) px X How does the ratio Py Y depend on the value of 8? Explain your results intuitively. for this question we have the solved ratio py and you multiply both sides by py but how so in doing that math does it px X pic py Y yields py where does the delta on the numerator come from

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