What proportion of her money does she spend on good x are
Q: A consumer with U=X^2/3Y^1/3 faces Px=4, Py=2, m=24. Now m=36. Show bundles A and C. What proportion of her money does she spend on good X? Are there cross-price effects?
Also, could you explain me about the cross-price effects?
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q a consumer with ux23y13 faces px4 py2 m24 now m36 show bundles a and c what proportion of her money does she spend on
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