Question: Assume p1 = p2 = 1 and the consumer has an income m = 10. Suppose that the consumer's utility function is u(x 1 ,

Assume p1 = p2 = 1 and the consumer has an income m = 10.

Suppose that the consumer's utility function is u(x1 , x2 ) = x1x2.

Find the consumer's budget constraint. Find the consumer's optimal consumption bundle (x1* , x2* ).

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