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Suppose you have the following utility function U(X,Y)=X^2 Y^2 and you have $80 to spend between goods X and Y. The prices are the following.
Suppose you have the following utility function U(X,Y)=X^2 Y^2 and you have $80 to spend between goods X and Y. The prices are the following. Px=2 and Py=4 Write down the budget constraint
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Legal Fundamentals for Canadian Business
Authors: Richard A. Yates
4th edition
133370283, 978-0133370287
