Question: 2. Let u(r) = 7104 + 2:12 represent a consumer's utility function, and let p1 = 1 and p2 = 3. Solve for the wealth

2. Let u(r) = 7104 + 2:12 represent a consumer's utility function, and let p1 = 1 and p2 = 3. Solve for the wealth expansion path and graph it in the commodity space for w e [0, 100]. Are either goods inferior anywhere on we [0, 100), and if so for what values of w? Hint: Feel free to use numerical solutions and software such as Mathematica, Matlab, R or Wolfarm Alpha (free) if it helps you

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