The consumer consumes of both goods if his consumptions of


A consumer's utility function is U(x; y) = (x + 2)(y + 1). The prices are px = $8; py = $2. The consumer consumes of both goods. If his consumptions of good x is 14 units, what is his consumption of good y? Why?

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Business Economics: The consumer consumes of both goods if his consumptions of
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