Question: Given an individual utility function is given by U ( x, y )=x 0.2 y 0.8 , the individual's income is$1,000,and prices are p x

Given an individual utility function is given by U ( x, y )=x^0.2 y^0.8, the individual's income is$1,000,and prices are p_x=$5andp_y=$20.The utility maximizing individual will buy______ units of x and ______ units of y for a total utility of ______.

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