Question 11 O Assume that you have the following utility function for some consumer G C he has a current assets from previous time, Y?, worth of $2000, and the future income stream at time 2

Economics Feb 25, 2022

Question 11 O Assume that you have the following utility function for some consumer G C he has a current assets from previous time, Y?, worth of $2000, and the future income stream at time 2. Y, equal $1296. If you know that the market interest rate, r, is 8% find the optimal consumption bundle expenditure (C1, C2)that maximize the consumer satisfaction