Imagine your utility function is u x12y12 the price of x
Imagine your utility function is U = X^1/2Y^1/2. The price of X is $20 per unit and the price of Y is $30 per unit, and you have a budget of $1200. a) Calculate the utility maximixing bundle (a) of X and Y.
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imagine your utility function is u x12y12 the price of x is 20 per unit and the price of y is 30 per unit and you have
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