Question 20 Assume in the market with two consumers, Chloe and Oliver. Chloe's utility function is U(x, y) = 2x + 120y1

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Question 20 Assume in the market with two consumers, Chloe and Oliver. Chloe's utility function is U(x, y) = 2x + 120y1

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Question 20Assume in the market with two consumers, Chloe and Oliver.Chloe'sutility function is U(x, y) = 2x + 120y1/2, Oliver'sutility function is U(x, y) =2x + 10y. At a Pareto optimal allocation in which bothindividualsconsume some of each good, how much y does Chloe consume?A.60B.5C. 225D. 36
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