$\frac{60}{120}$

Expenditure Minimization: Example $1$

price of good $1$ is $1$ and price of good $2$ is $1.$

Utility function is $x_1{x}_2,$ and the consumer needs to achieve at least $2500$ utils.

Setup the expenditure minimization problem.

Solve for $x_1,x_2,$ and the minimum expenditure at the solution.

Interpret the solution and $.$