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7- Suppose utility of an individual is U-min-X-Y-- Price of X(Px) is 2.pdf

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7. Suppose utility of an individual is U = min [ X , Y ] . Price of X ( Px ) is 2 and Price of Y ( PY Y ) is 1 . Given her income is $200 , what will be the optimal consumption bundle?.

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7. Suppose utility of an individual is U = min [ X , Y ] . Price of X ( Px ) is 2 and Price of Y ( PY Y ) is 1 . Given her income is $200 , what will be the optimal consumption bundle?

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