Linus has the utility function ux1 x2 x1 2x2 if the price
True or false? Provide a brief explanation.
Linus has the utility function U(x1, x2) = x1 + 2x2. If the price of good 1 is $1 and the price of good 2 is 50 cents then Linus must consume equal amounts of both goods in order to maximize his utility.
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true or false provide a brief explanationlinus has the utility function ux1 x2 x1 2x2 if the price of good 1 is 1 and
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