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QUESTION
(Utility-Maximizing Conditions) Suppose that marginal utility of Good X = 100, the price of X is $10 per unit, and the price of Y is $5 per unit.
3. (Utility-Maximizing Conditions) Suppose that marginal utility of Good X = 100, the price of X is $10 per unit, and the price of Y is $5 per unit. Assuming that the consumer is in equilibrium and is consuming both X and Y, what must the marginal utility of Y be?
