Discuss about the complement commodities

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Reference no: EM131773818

Question: For commodities x and y, a consumer's utility function is u(x, y) = x²y. The consumer faces the budget constraint of 2x + y = 15. Based on this information we can conclude that:

A. x and y are complement commodities

B. x and y are independent commodities

C. x and y are substitute commodities

D. nothing, as the provided information is insufficient to conclude anything with certainty.

Reference no: EM131773818

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