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Lily is a college student who likes to buy two goods: Cheetos and Pepsi. Her utility for these two goods depends on I. Lily's preferences

Lily is a college student who likes to buy two goods: Cheetos and Pepsi. Her utility for these two goods depends on

I. Lily's preferences for Cheetos and Pepsi.

.

The prices of Cheetos and Pepsi.

III. Lily's income.

.

Il only.

.

I and II

.

.

Ionly.

.

I and III.

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