Answer to Question #4020 in Microeconomics for Yadou
Question about Macroeconomics: Suppose that the utility function of George is U=min(x,5y+2z), where the prices of x,y and z are, Px=1, Py=15, Pz=7, respectively, and the income of George is M=44. Find the optimum quantity of x that makes George's utility maximum?
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