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Aisha's utility function from consuming the two goods x and y is given by u(x,y)=x*1/2y*1/2. If the price of x is 1 and the price
Aisha's utility function from consuming the two goods x and y is given by u(x,y)=x*1/2y*1/2. If the price of x is 1 and the price of y is 2, and her income is 8, which bundle of good (x,y) will she choose to maximise her utility?
a.(0,0)
b.(1/3,2/3)
c.(5,3/2)
d.(2,4)
e.(1,2)
f.(1/2,1/2
Can someone help please?
Thank you for considering my request
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