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Home / Questions / Wanda Littlemore’s utility function is U(x, y) = x + 46y – 2y^2. Her income is $135. If th...

Wanda Littlemore’s utility function is U(x, y) = x + 46y – 2y^2. Her income is $135. If the price of

Wanda Littlemore’s utility function is U(x, y) = x + 46y – 2y^2. Her income is $135. If the price of x is $1 and the price of y is $18, how many units of good x will Wanda demand? Please show me how the answer is arrived at?Thanks

 

Apr 25 2020 View more View Less

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