Question: Problem 8 (25 points) 0.0 Suppose an individual obtains utility only from amounts of goods x and 5! that exceed minimal subsistence levels given by

Problem 8 (25 points) 0.0 Suppose an individual obtains utility only

Problem 8 (25 points) 0.0 Suppose an individual obtains utility only from amounts of goods x and 5! that exceed minimal subsistence levels given by 65, 15. If the utility function is given by: way): (a: 65)0-1(y 15)\

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