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QUESTION 9 Linus has utility function U(x, y) = x + 2y. If the price of x is $1 and the price of y is

QUESTION 9 Linus has utility function U(x, y) = x + 2y. If the price of x is $1 and the price of y is .50 cents then Linus must consume equal amounts of both goods in order to maximize his utility. True False

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