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Let the utility function be U(X,Y)=min{2x,y}, PX=2, PY=1, I=20. Find the optimal of consumption for X and Y
Let the utility function be U(X,Y)=min{2x,y}, PX=2, PY=1, I=20. Find the optimal of consumption for X and Y
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Microeconomics
Authors: Jeffrey M. Perloff
8th edition
134519531, 978-0134519531
