Question: Not sure An individual's utility function is given by: U (q1, 92) = 912 . 92 Suppose we know that the individual is maximizing their

Not sure An individual's utility function is given by: U (q1,

Not sure

An individual's utility function is given by: U (q1, 92) = 912 . 92 Suppose we know that the individual is maximizing their utility by consuming 9 units of good #1 ( q1 = 9) and six units of good #2 (q2 = 6). If the current price for good #1 is $1 (p1 = 1), what must be the price of good #2 (p2) and what must be the individual's current income (y) available to spend on the two goods? P2 = dollars y = dollars

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