1. Suppose U(x, y) = xy + x + 2y, and the budget is described by 2x + y = m, solve for x and y".

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1. Suppose U(x, y) = xy +x+ 2y, and the budget is described by 2x+ y = m, solve for x
and y".
Transcribed Image Text:1. Suppose U(x, y) = xy +x+ 2y, and the budget is described by 2x+ y = m, solve for x and y".
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