Problem 1 Katie's utility function is U(3:13 9:2) : 2(111331) + x2. Given her current income and the current prices, she consumes 10 units of
Problem 1 Katie's utility function is U(3:13 9:2) : 2(111331) + x2. Given her current income and the current prices, she consumes 10 units of 1 and J 5 units of 5.32. If her income doubles, while prices stay constant: how many units of 1 and x2 will she consume after the change in income'.2 Are the goods gross complements or gross substitutes
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