Question: Elena's preferences are described by the utility function U ( x 1 , x 2 ) = min ( x 1 , 2 x 2

Elena's preferences are described by the utility function U(x1,x2)=min(x1,2x2). Elena has income of M=30 and the goods' prices are p1=1 and p2=1.
Which of the following (x1,x2) bundles does Elena choose?
(0,30)
(15,15)
(10,20)
(20,10)
Elena's preferences are described by the utility

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