Question: True or false and explain why d) A consumer has a utility function given by U=2*(C+W), where U is utility, C is chocolate and W

True or false and explain why d) A consumer has a utility function given by U=2*(C+W), where U is utility, C is chocolate and W is wine. The consumer has 20 and the price of a unit chocolate is 2 and the price of a unit of wine is 1. The indifference curves for this utility function are convex and the optimal consumption of chocolate and wine is C=5 and W=10

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