For a utility function of the form Ux1x2min10x1x2 the indivi

For a utility function of the form U(x₁,x₂)=min{10x₁,x₂), the individual will have excess x₂ for commodity bundles where ?

a all of the answers are correct

b 10x1=x2

c 10x1<x2

d 10x1>x2

I think it is 10x1<x2

Solution

c) 10x1<x2