Question: A consumer has the following utility function u(x,y) = x 1/2 y 1/2 Where x is the number of visits to movie films and y

A consumer has the following utility function u(x,y) = x 1/2 y 1/2

Where x is the number of visits to movie films and y is the visits to theatres

Following conditions apply:

Budget constraint 60 during one period

Prices: px = 3 and py = 2

Calculate the number of movies that maximize utility

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