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1) A consumer who is faced with the decision of choosing how much of two goods, say good 1 and good 2. The consumers preferences
1) A consumer who is faced with the decision of choosing how much of two goods, say good 1 and good 2. The consumers preferences are \"smooth" and are such that the marginal rate of substitution of good 2 for good 1 at a bundle q is given by: MRSLdCIM Clzl i l E . Q1 Find the optimal bundle when the consumers income is 100 TL, the price of good 1 is 2 TL/unit, and the price of good 2 is l TL/unit. Show your work
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