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[Solved]: Charlie and Paul have preferences over novels (x1
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(Solved): Charlie and Paul have preferences over novels (x1 ) and science books (x2 ) occupying their bookshel ...



Charlie and Paul have preferences over novels (x1 ) and science books (x2 ) occupying their bookshelves, and this year they each plan on spending $500 on books. Their preferences are represented by the utility functions



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