Question: Caesar has preferences that are described by the utility function u = 3x 1 + 5x 2. 14. Caesar strictly prefers the bundle (x 1,
Caesar has preferences that are described by the utility function u = 3x 1 + 5x 2.
14. Caesar strictly prefers the bundle (x 1, x 2) = (0, 6.6) to the bundle
a. (3, 3)
b. (5, 3.6)
c. (0, 8.4)
d. (11, 1.8)
e. (8, 3.60)
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