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Suppose that U(x,y) = min (x,y). Further suppose that Px = $10 per unit and Py = $15 per unit and income is I =
Suppose that U(x,y) = min (x,y). Further suppose that Px = $10 per unit and Py = $15 per unit and income is I = $400.
For this consumer, the optimal basket contains how manyunits of y.
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