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Maximizing an individual's utility subject to a budget constraint(10 points) Kevin's happiness depends only on two things: how many bags of M&M's he has

Maximizing an individual's utility subject to a budget constraint(10 points) Kevin's happiness depends only on two things: how many bags of M&M's he has (denoted by x) and how many bowls of chili he has (denoted by y). Kevin's level of happiness is characterized by his utility functio n: 21 33

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