In Problem 3, Ambrose's utility is U(x₁, x₂) = . If the price of nuts (good 1) is $1, the price of berries (good 2) is $6, and his income is $186, how many units of nuts will Ambrose choose?

Question

Quizplus · Accepted Answer

The Answer of In Problem 3, Ambrose's utility is U(x₁, x₂) = . If the price of nuts (good 1) is $1, the price of berries (good 2) is $6, and his income is $186, how many units of nuts will Ambrose choose?

In Problem 3, Ambrose's Utility Is U(x1, X2) =

In Problem 3, Ambrose's Utility Is U(x₁, X₂) =