Question: Question: A consumers utility function is given by =30 2 5 1 3 U=30x^(2/5) y^(1/3) The price of x is $1, the price y is
Question:
A consumers utility function is given by
=302513U=30x^(2/5) y^(1/3)
The price of x is $1, the price y is $2, and the consumers income is $1,100. How much x and y should the consumer purchase to maximise her utility?
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