Question: 2. For a consumer Whose preferences are represented by the utility function tL(;I:1, $2) : 1131 + 1172 and a budget constraint p1$1 + 11:2

2. For a consumer Whose preferences are represented by the utility

2. For a consumer Whose preferences are represented by the utility function tL(;I:1, $2) : 1131 + 1172 and a budget constraint p1$1 + 11:2 : m how much more income does she need to compensate her for a doubling of p1. In this example pig is always equal to 1

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