Keep m=120 and py=2, but lower px to 2. What is optimal for U=√(xy)?
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EC311 · Intermediate Microeconomics
EC311 / TOPIC 03
2.2 Budgets and interior choice
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EC311 · Intermediate Microeconomics
EC311 / TOPIC 03
Keep m=120 and py=2, but lower px to 2. What is optimal for U=√(xy)?