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Suppose a consumer has a utility function U(X,Y) = min[X,2Y].Suppose the consumer has $945 to spend (M = 945), and the price of good Y
Suppose a consumer has a utility function U(X,Y) = min[X,2Y].Suppose the consumer has $945 to spend (M = 945), and the price of good Y is 1 (PY = 1).Fill in the table below:
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