If the consumer maximizes their utility subject to their


A consumer's preferences can be represented by the utility function U(X,Y) = Min (2X,Y). The consumer has $300 to spend and the price of Good X is PX = $2 and the price of Good Y is PY = $5. If the consumer maximizes their utility subject to their budget constraint, how much of Good X and how much of Good Y will the consumer purchase?

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