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Lisa consumes only pizzas (P) and burritos (B). Her utility function is U = P0.5 B0.5. The price of per pizza is $10 and the price per burrito is $5. In equilibrium, Lisa consumes 4 pizzas. Using Lisa's utility function, find out how many burritos she consumes.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M938959

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