Question: answer with explanation Question 14 1 pts A consumer's preferences are homothetic. In the initial optimal bundle the consumer buys 4 and 9 units of

answer with explanation

Question 14 1 pts A consumer's preferences are homothetic. In the initial optimal bundle the consumer buys 4 and 9 units of x1 and x2 respectively. If income doubles from its initial level of $100 to $200, in the consumer's new optimal bundle they consumer units of good 1 and and of good 2

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