Question: Handwritten solution not required correct answer will get instant upvote. Which of the following MUST be true if Dan acts as if he maximizes a

 Handwritten solution not required correct answer will get instant upvote. Which

Handwritten solution not required correct answer will get instant upvote.

of the following MUST be true if Dan acts as if he

Which of the following MUST be true if Dan acts as if he maximizes a utility function and buys about 2 apples and about 2 oranges whenever apples cost $1 and oranges cost $4 Dan likes an orange about 4 times as much as Dan likes an apple when he has 2 apples O and 2 oranges O Dan should spend all of his money on apples O Dan's utility function is U = AO2 O Dan spent $12

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