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Jenny's income is 234. Her utility function is given by U = x+8.7y. Assuming the price of good X is 1 and the price of
Jenny's income is 234. Her utility function is given by U = x+8.7y. Assuming the price of good X is 1 and the price of good Y increases from 3.7 to 17.9, find the amount required to compensate Jenny for the price increase and enter it below. (Hint: Use a graph.)
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