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The optimal amount of x 1 , x 2 , P 1 , P 2 and income are given by the following: The original prices are: P 1 =21 P 2 =1 The original income is: I...
The optimal amount of x1, x2, P1, P2 and income are given by the following:
The original prices are: P1=21 P2=1
The original income is: I =2,461
The new price of P1 is the following: P1'=104
Assume that the price of x1 has changed from P1 to P1'. What is x1*A ?