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A Utility Function of the form U(x,y)= x^0.4 y^0.6 can be termed to be "Homothetic: True/ False Proportional changes in all prices and incomes do not affect the individual's budget constraints and therefore do not change the quantities of goods chosen. True/ False

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what is the answer to 262.5 x 15 with the solution?

what is the answer to 262.5 x 15 with the solution?

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