Suppose that U = min{2X, Y}, where X is units of good X and Y is units of good Y. The price of good X is $4, and the price of good Y is $7. What is the minimum expenditure necessary to achieve a utility level of 100?

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The Answer of Suppose that U = min{2X, Y}, where X is units of good X and Y is units of good Y. The price of good X is $4, and the price of good Y is $7. What is the minimum expenditure necessary to achieve a utility level of 100?

Suppose That U = Min{2X, Y}, Where X Is Units