Question: Sally consumes two goods, X and Y. Her utility function is given by the expression The current market price for X is 10, while the
Sally consumes two goods, X and Y. Her utility function is given by the expression The current market price for X is 10, while the market price for Y is 5. Sally's current income is 500.
Determine the X, Y combination which maximizes Shagun's utility, given her budget constraint.
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