QUESTION 1 Given a consumer's utility function: U(x, y) = In(x - 3) + 21n (y) And their budget constraint: x + 2y = 100
QUESTION 1 Given a consumer's utility function: U(x, y) = In(x - 3) + 21n (y) And their budget constraint: x + 2y = 100 How much of good x should this consumer purchase? (Round to two decimal places only if necessary)
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