Aconsumer has a utility function u x1 x2 x12 x22 the
A consumer has a utility function : u (x1, x2) = (x1)2 + (x2)2 . The consumer has an income m = 10 and can buy goods at the prices (p1, p2) = (2, 1). What is the consumer's utility maximizing choice?
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a consumer has a utility function u x1 x2 x12 x22 the consumer has an income m 10 and can buy goods at the prices
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