sanago632 sanago632

13-03-2024
Business

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Suppose Ann has perfect substitutes utility
u(x,y) =4x+y and an income of I = $100.
Suppose further that the price for good
x satisfies pₓ=2
How much of good x will Ann consume?
a) 50 units
b) 25 units
c) 40 units
d) 20 units

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