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Mort consumers only beer and sausages. His income is $100. Beer costs him $0.50 per can and sausages cost $1 each, where x is the
Mort consumers only beer and sausages. His income is $100. Beer costs him $0.50 per can and sausages cost $1 each, where x is the number of cans of beer and y is the number of sausages he consumes per week. Mort's utility function is U(x,y)=[(x50)2+(y40)2]. What consumption bundle does he choose? a. (64,68) b. None of them c. (52,56) d. (76,80) e. (58,62) Clear my choice
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