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Doreen Has Preferences Represented by the Utility Function U(x, Y)=

Question 10

Multiple Choice

Doreen has preferences represented by the utility function U(x, y) = 10x + 5y.She consumes 10 units of good x and 9 units of good y.If her consumption of good x is lowered to 1, how many units of y must she have in order to be exactly as well off as before?


A) 20
B) 30
C) 27
D) 18
E) None of the above.

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