Given two utility functions U(x, y) = x 2/3 y 4/5 and U(x, y) = x 2
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- Given two utility functions U(x, y) = x2/3 y4/5 and U(x, y) = x2 + y, with Px = 2, Py = 1, budget is 10 unit, show the consumer choice respectively.
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