Question: W / N w/ - Suppose that a consumer's utility is given by u (x,y) = 2x , in which case the marginal utilities will

 W / N w/ - Suppose that a consumer's utility is

W / N w/ - Suppose that a consumer's utility is given by u (x,y) = 2x , in which case the marginal utilities will be given by MUx = 2y and MUy = 4x W/N W / N respectively. 3x 3 y Considering the budget set from Question 1, what is the optimal consumption bundle b = (X,)) for the consumer? (The answers should be rounded to the nearest tenth. For example, "5.43") x=

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