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Tessa's utility function for Akrennian Beetle Sashimi (x1 ) and Kep-Mok Ticks (x2 ) (both are alien foods out of this world!) is given by
Tessa's utility function for Akrennian Beetle Sashimi (x1 ) and Kep-Mok Ticks (x2 ) (both are alien foods out of this world!) is given by u(x1,x2)=x1+2x2 .Assuming prices and income are p1 = 8.00, p2 = 8.00, and m = 800.00, what percentage of her income does Tessa spend on Kep-Mok Ticks
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
