Re: Discussion Problem_(12)
Posted by Mauli on May 24, 2013; 11:47pm
URL: http://discussion-forum.276.s1.nabble.com/Discussion-Problem-12-tp7581189p7581205.html
(x,y) (p1,p2,m)=
(m/p1 , 0 ) if p1<p2
(0, m/p2) if p1>p2
x'p1+y'p2 =m if p1=p2..(ie anywhere on the budget line.)