Ambrose's utility is U(x₁, x₂)== 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $132, how many units of nuts will Ambrose choose? A)64 B)17 C)128 D)67 E)32

Name: Ambrose's utility is U(x 1 , x 2 )== 4x 1/2 1 + x 2 .If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $132, how many units of nuts will Ambrose choose? A)64 B)17 C)128 D)67 E)32
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The Answer is A

Ambrose's Utility Is U(x1, X2)== 4x1/21 + X2

Ambrose's Utility Is U(x₁, X₂)== 4x^1/2₁ + X₂