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Suppose that Angie's MUX=Y2and MUY=2XY. The price of good X is $10 and the price of good Y is $2. If Angie is consuming 8
Suppose that Angie'sMUX=Y2and MUY=2XY.The price of good X is $10 and the price of good Y is $2. If Angie is consuming 8 units of good X and 16 units of good Y, is she maximizing utility? Explain your answer.
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