Question: Consider a consumer with preferences for consumption today versus tomorrow represented by the utility function U(C,C') =C 2/5 C' 3/5 _| Question 3. (20 points)

Consider a consumer with preferences for consumption today versus tomorrow represented by the utility function U(C,C') =C2/5C'3/5

Consider a consumer with preferences for consumption today versus tomorrow represented by

_| Question 3. (20 points)

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