Suppose interest rates are zero and the consumer's utility is u(c 1 , c 2 ) (c 1 , c 2 ), while the two incomes are (y 1 , y 2 ) (50, 100) Find the optimal consumption in each period, and also indicate what financial transactions the consumer makes Show the answers on a diagram

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Suppose interest rates are zero and the consumer's utility is u(c 1 , c 2 ) = (c 1 , c 2 ), while the

Suppose interest rates are zero and the consumer's utility is u(c₁, c₂) = (c₁, c₂), while the two incomes are (y₁, y₂) = (50, 100).?

Find the optimal consumption in each period, and also indicate what financial transactions the consumer makes. ?

Show the answers on a diagram.?

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