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Suppose Anne has preferences that can be represented by the utility function ruolti, 12) = 1 + . She faces prices pi = 2
Posted: Wed Mar 09, 2022 8:36 am
by answerhappygod
- Suppose Anne Has Preferences That Can Be Represented By The Utility Function Ruolti 12 1 She Faces Prices Pi 2 1 (118.87 KiB) Viewed 43 times
Suppose Anne has preferences that can be represented by the utility function ruolti, 12) = 1 + . She faces prices pi = 2. 99 = 1 and has income m > 0. If rounding is needed, please round to 3 decimal places. a) When she optimally chooses to consume positive quantities of both goods, Anne consumes how many units of good 12 (fill in the blank) b) Anne optimally chooses to consume positive quantities of both goods when m >