Melissa has the utility function U = TC for bundles of tea (T) and coffee (C), with MU_T = C and MU_C = T. (Assume tea will be on the vertical axis.) She has $120, with the price of tea being $8 and the price of coffee being $4. Melissa will buy _____cups of tea and _____cups of coffee in equilibrium.

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The Answer of Melissa has the utility function U = TC for bundles of tea (T) and coffee (C), with MU_T = C and MU_C = T. (Assume tea will be on the vertical axis.) She has $120, with the price of tea being $8 and the price of coffee being $4. Melissa will buy _____cups of tea and _____cups of coffee in equilibrium.

Melissa Has the Utility Function U = TC for Bundles