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Jayron's preferences for boxes of cereal (x) and bags of muffins (y) can be represented by the utility function U(x,y) = xy3. Let Px be

Jayron's preferences for boxes of cereal (x) and bags of muffins (y) can be represented by the utility function U(x,y) = xy3. Let Px be the price of a box of cereal, Py be the price of a bag of muffins and I be the income Jayron has to spend each month on these goods

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