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Economic Question 3 (10 points) A consumer's utility function is U(q1, q2) = 2q1 + 592. Suppose that 2 NIU Pi Select the correct answer.

Economic
Question 3 (10 points) A consumer's utility function is U(q1, q2) = 2q1 + 592. Suppose that 2 NIU Pi Select the correct answer. (a) The uncompensated demand function for good 1 is 0. (b) The uncompensated demand function for good 2 is Y (c) The compensated demand function for good 1 is UIO N/C (d) The compensated demand function for good 2 is (e) The expenditure function is 2p, U. (f) More than one answer hold. (g) None of the answers hold

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