Question: Lavarre's utility function is (, ) = .6.4, where x is the number of units of the x-good and y is the number of units
Lavarre's utility function is (, ) = .6.4, where x is the number of units of the x-good and y is the number of units of the y-good. The price of x is $4 and the price of y is $3. Lavarre has $30 to spend on these two goods. What is Lavarre's optimal bundle (use math and a graph to support your answer
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