Solve the following two equations in two unknowns:

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Cecil consumes X1 and X2 in fixed proportions

Cecil consumes X1 and X2 in fixed proportions

Question

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Cecil consumes X1 and X2 in fixed proportions. He consumes A units of good 1 with B units of good 2. To solve for his demand functions for goods 1 and 2,

The answer is:

Solve the following two equations in two unknowns: Bx1= Ax2 and p1x1 + p2x2= m

If you could show me mathematically how the answers was arrived at

Thanks!

Cecil consumes X1 and X2 in fixed proportions

 

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