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3. Suppose an individual has perfect-complements preferences that can be represented by the utility function U(x,y)= min[3x,2

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B 83) U(X,Y)= Min (3x, 24) Bo m=xPx typy a) at Eqm Zx=24 o put x= 24/3 un B C ~ 80 m = 24 Px + y Py = ly = 3m 2Px+3 Py 24 -

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