Question: N 2 Suppose that a consumer's utility is given by u (x, y ) =4x 2 + 4y in which case the marginal utilities will


N 2 Suppose that a consumer's utility is given by u (x, y ) =4x 2 + 4y in which case the marginal utilities will be given by MU = and MU = X respectively. Suppose that P =5, P =5, and that /=400. How much utility does the consumer get from consuming the optimal bundle? (The answer should be rounded to the nearest tenth.) Utility=
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