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Suppose Svetlana consumes only two goods, x1 and x2. Assume that Svetlana has a utility function U(x1, x2) = max{x1,x2}. Suppose that both Svetlana's income,

Suppose Svetlana consumes only two goods, x1 and x2. Assume that Svetlana has a utility function U(x1, x2) = max{x1,x2}. Suppose that both Svetlana's income, m and the prices of the two goods are positive. Let p1 denote the price of good 1 and p2 the price of good 2. Define and find the p1-price offer curve and explain, in words, how it will look on a graph.

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