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Question 2 (Choice). Suppose a consumer's utility function is given by: U(x1, x2 ) = min{9x1, x2} The consumer earns $550 and the price of

Question 2 (Choice). Suppose a consumer's utility function is given by: U(x1, 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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