Question: 4.8 Vascos utility function is U = 10X2Z. The price of X is pX = $10, the price of Z is pz = $5, and
4.8 Vasco’s utility function is U = 10X2Z. The price of X is pX = $10, the price of Z is pz = $5, and his income is Y = $150. What is his optimal consumption bundle? (Hint: See Appendix 4B.) Show this bundle in a graph. C
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