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George has managed to maximize his utility by choosing the optimal consumption bundle. But when he goes back to the shop the following week with
George has managed to maximize his utility by choosing the optimal consumption bundle. But when he goes back to the shop the following week with the same weekly food allowance ($72), he finds the price of a soda is the same as before (i.e., $3) but the price of a knish has increased to $6. As to be expected, his utility function remains the same as before, i.e., U = 9X1X2. Can you find George's optimal consumption bundle now
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