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27-05-2023
Business

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The consumes a consumer as a utility function v(x, y) = max (2x+y) (x+3y) (1,0) in equilibrium then which op the pollowing must be true?
(a) px ≤pv
(b) px < (3/₂) py
(c) px ≤ (2/3) py
(d) px = py

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