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KAPO has 224.1 dollars to spend on two goods, good 1 and good 2. Let x 1 and x 2 denote respectively the quantity of
KAPO has 224.1 dollars to spend on two goods, good 1 and good 2. Let x1 and x2 denote respectively the quantity of good 1 and the quantity of good 2. The price of good 1 is 5.1 and the price of good 2 is 8.2. Suppose that the government subsidizes all consumers of good 2 by paying 2.5 dollars per unit on every unit of good 2 the person buys. What is the maximum amount of good 1 that Tan can affordif he decides to consume x2 = 5 units of good 2?
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