Question: Using the relevant information, determine the household's optimal consumption bundle assuming that it is strictly interior (that is, the optimal bundle is not at a

Using the relevant information, determine the household's optimal consumption bundle assuming that it is strictly interior (that is, the optimal bundle is not at a corner and positive quantities of all three goods are consumed). Show the working. [Hint: The "last dollar rule" naturally extends to situations involving more than 2 goods.]

Suppose that pre-COVID-19, a household's utility function is given by U(x, 3,, 32) = Vx +

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