Ambrose's utility function is U(x₁, x₂) = . If the price of nuts (good 1) is $1, the price of berries (good 2) is $5, and his income is $145, how many units of nuts will Ambrose choose? A) 100 B) 200 C) 9 D) 103 E) 50

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The Answer of Ambrose's utility function is U(x₁, x₂) = . If the price of nuts (good 1) is $1, the price of berries (good 2) is $5, and his income is $145, how many units of nuts will Ambrose choose? A) 100 B) 200 C) 9 D) 103 E) 50

Ambrose's Utility Function Is U(x1, X2) =

Ambrose's Utility Function Is U(x₁, X₂) =