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(x,y)=ln (x^2+16)+y. Px=$4 Py= 8 m=$64 a.find the optimal bundle b. find good y income elasticity...

(x,y)=ln (x^2+16)+y. Px=$4 Py= 8 m=$64
a.find the optimal bundle
b. find good y income elasticity when income rises to $96

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