Suppose someones utility function takes the form u xy also


Suppose someone's utility function takes the form: U = XY Also suppose that this person has an income (I) of $100, and the price of good X is $5 and the price of good Y is $10. A.] How would you algebraically describe this person's budget constraint? B. If this person wanted to maximize their utility, how much of good X and Y would they buy subject to their budget constraint?

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Business Economics: Suppose someones utility function takes the form u xy also
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