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Suppose that Monica has income of $ 1 2 0 , and faces prices PX = $ 2 and PY = $ 3 , where

Suppose that Monica has income of $120, and faces prices PX= $2 and PY = $3, where X= number of cups of coffee and Y=number of cupcakes. Her goal is to maximize her utility, described by the function U = Min(3X,5Y)+10.

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