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Consider Gary's utility function: U(X,Y) = 5XY, where X and Y are two goods. Answer the...

Consider Gary's utility function: U(X,Y) = 5XY, where X and Y are two goods. Answer the following questions: [5 pts. each]

a. If Gary consumed 10 units of X and received 250 units of utility, how many units of Y must have Gary consumed?

b. Would a bundle of X = 15 and Y = 3 be preferred to the bundle found in a.? Briefly explain.

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