Question: 12-------------- Suppose that consumer ((has the following utility function: U(X, Y) = In(3X) + 2Y. What would be the demand function for Y? O where

12-------------- Suppose that consumer ((has the following utility function: U(X, Y)

12--------------

Suppose that consumer ((has the following utility function: U(X, Y) = In(3X) + 2Y. What would be the demand function for Y? O where Py denotes price of good Y and I denotes income. PY 2PY O 2PY where Py denotes price of good Y and I denotes income. PY - 1 where Px and Py denote prices of goods X and Y and I denotes income. 2P x1 O P where Py denotes price of good Y and I denotes income

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