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QUESTION 3 Your preference is represented by a utility function U(x, y) = min(2x, y). The price of x is $1 and the price of
QUESTION 3 Your preference is represented by a utility function U(x, y) = min(2x, y). The price of x is $1 and the price of y is $2. Your income is $10. Then, MRSxy at the point (5,5) is the amount of x in the optimal choice is and the amount of y in the optimal choice is Hint: Write your answers in intergers
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