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Elena's preferences are described by the utility function U (x1, $2 ) = min (@1, 2x2). Elena has income of M = 30 and the
Elena's preferences are described by the utility function U (x1, $2 ) = min (@1, 2x2). Elena has income of M = 30 and the goods' prices are p1 = 1 and P2 = 1. Which of the following (21, 22 ) bundles does Elena choose? O (0,30) O (10,20) O (15,15) (20,10)
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