Question: A consumer has the utility function u(x1, X2) = 3x1 + X2 The prices of the goods are P1 = 1, p2 = 2 and

A consumer has the utility function u(x1, X2) = 3x1 + X2 The prices of the goods are P1 = 1, p2 = 2 and his income is m = 8 What is the consumer's optimal bundle? O (8,0) O (2,3) O (3,1) O (0,4) O none of the above

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