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Katie Kwasi's Utility Function Is U(x1, X2)= 2(ln X1)+ X2

question 58

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Katie Kwasi's utility function is U(x1, x2) = 2(ln x1) + x2.Given her current income and the current relative prices, she consumes 10 units of x1 and 15 units of x2.If her income doubles, while prices stay constant, how many units of x1 will she consume after the change in income?

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We-viewpoint

A communication perspective that emphasizes collective participation or benefits, focusing on the pronoun "we" to foster inclusivity or shared interest.

Direct Claim Message

A direct claim message is a straightforward communication asserting a right or demand, often used in customer service or insurance claims.

Organized

Arranged in a systematic, orderly manner for efficiency or convenience.

Good-news Messages

Communications designed to convey positive information, congratulations, or other encouraging content to the recipient.

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