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Question 2 (Choice). Suppose a consumer's utility function is given by: U Question 2 (Choice). Suppose a consumer's utility function is given by. U(XI, X2)

Question 2 (Choice). Suppose a consumer's utility function is given by: U

Question 2 (Choice). Suppose a consumer's utility function is given by. U(XI, X2) = min{9x1, X2} The consumer earns $550 and the price of each good is $1. a) What is the optimal consumption bundle for the consumer? b) What minimum income does the consumer need to obtain a utility level of 100?

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