andrew has preference given by uxy min2x
Andrew has preference given by: u(x,y) = min{2x, 3y}The price for good x and good y are identical and equal to 4. At his optimal consumption bundle he achieves a utility of 90. What is his income?ion..
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andrew has preference given by uxy min2x 3y the price for good x and good y are identical and equal to 4 at his optimal consumption
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