Luke's choice behavior can be represented by the utility function u(x1,x2)=x1+x2. The prices of x1 and x2 are denoted as p1 and
1 answer:
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You just have to use the squares one to factor this and this is what I got.
Answer:
Step-by-step explanation:
multiply first equation by 4 and second by 3 respectively:
combine the equations:
divide both sides by -48:
substitute the value of y to the second equation
simplify multiplication:
cancel 12 from both sides:
divide both sides by 4
therefore our solution is