Suppose That the Utility Function for Two Commodities Is Given

question 41

Multiple Choice

Suppose that the utility function for two commodities is given by , and the budget constraint is . Find the values of and that maximize utility. ​

• A)The maximum is at )
• B)The maximum is at )
• C)The maximum is at )
• D)The maximum is at )
• E)The maximum is at )

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