4.) Given the following information: utility function is U(x,y)=〖4x〗^0.5 y^0.5 , price of good X is N$5, the price of good Y is N$10 and the consumer income N$400.
What is the level of quantity demanded of good Y when the price of good X decreases to N$2.5 while the price of good Y remains at N$10? Let us assume good X is on the x-axis.
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