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    Given the Expression Min <Sub>(x,y)</sub> Expenditure P<sub>x</sub> X + P<sub>y</sub>y
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Given the Expression Min (x,y) Expenditure Px X + Pyy

Question 53

Question 53

Multiple Choice

Given the expression min (x,y) expenditure Px x + Pyy subject to: U(x, y) = U*, the endogenous variables are


A) x and Px.
B) only U*.
C) x and y.
D) Px and Py.

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