Problem Code: 250609MICRO
Posted by Amit Goyal on Jun 26, 2009; 5:39am
URL: http://discussion-forum.276.s1.nabble.com/Problem-Code-250609MICRO-tp3159842.html
Suppose U = square(X) + 2square(Y) is the utility function
AND
p(x) = 1 p(y) = 2 M = 2
The optimal consumption bundle(s) is(are) given by ......?