Georgina consumes only grapefruits and pineapples. Her utility function is U (x comma y )equals x to the power of 0.8 end exponent y to the power of 0.2 end exponent, where x is the number of grapefruits consumed and y is the number of pineapples consumed. Georgina’s income is $105, and the prices of grapefruits and pineapples are $4 and $3, respectively. How many grapefruits will she consume?
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Georgina consumes only grapefruits and pineapples. Her utility function is U (x comma y )equals x to...
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