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Consider a consumer with an income equal to $ 100, with a utility function given by...

Consider a consumer with an income equal to $ 100, with a utility function given by U (x, y) = xy whose prices are px = 2 and py = 2. In the basket chosen by the consumer, the quantity of good x is exactly equal to the quantity chosen of good y, resulting in a degree of satisfaction of U (x, y) = 900. Is this statement correct? Justify your answer

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