Repeat Calculus Problem 1, but assume that David has the following preferences. Before he leaves, he would

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Repeat Calculus Problem 1, but assume that David has the following preferences. Before he leaves, he would like to choose his spending to maximize the utility functionBut on the first day of his trip, he would like to choose his spending to maximize the utility functionand on the second day he would like to choose his remaining spending to maximize the utility function

X+yY+ yZ.
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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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