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1 Jul 2019
2. For each of the following, find the optimal consumption bun dle (a) U = xy , P x = 2 ,P y = 5 , I = 40 (b) U = x 1 2 y 1 2 , P x = 8 , P y = 4 , I = 60 (c) U = 3 x + y 2 3 , P x = 6 , P y = 8 , I = 30
2. For each of the following, find the optimal consumption bun dle (a) U = xy , P x = 2 ,P y = 5 , I = 40 (b) U = x 1 2 y 1 2 , P x = 8 , P y = 4 , I = 60 (c) U = 3 x + y 2 3 , P x = 6 , P y = 8 , I = 30
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Jamar FerryLv2
2 Jul 2019