Maurice has the following utility function: u (x y) =20x+80y-x^2-2y^2, where x is his consumption of cds with a price of $11 and y is his consumption of movie videos, with a rental price of $2. he plans to spend $50 on both forms of entertainment. determine the number of cds and video rentals that will maximize maurice's utility.
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Maurice has the following utility function: u (x y) =20x+80y-x^2-2y^2, where x is his consumption o...
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