Re: Problem Code: 250609MICRO

Posted by Amit Goyal on Mar 30, 2010; 2:06am
URL: http://discussion-forum.276.s1.nabble.com/Problem-Code-250609MICRO-tp3159842p4822242.html

I recommend first check for the quasi-concavity of the utility function. And then look for the solution.
Here the optimal bundle is x = 2, y = 0