Question: 6. suppose utility function of a consumer is given as: u = 2x +3y, where the price of x is 8, price of y

6. suppose utility function of a consumer is given as: u =

6. suppose utility function of a consumer is given as: u = 2x +3y, where the price of x is 8, price of y is 3 and income is $20. then at the optimum consumer will consume O only x O only y O both x and y O any combination of x and y

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