Re: Problem Code: 250609MICRO

Posted by Amit Goyal on Mar 30, 2010; 9:12am
URL: http://discussion-forum.276.s1.nabble.com/Problem-Code-250609MICRO-tp3159842p4823438.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 (2, 0)