Ambrose's brother Augustine has an income of $105 and a utility function U(x₁, x₂)= 40x^1/2₁ + x₂.The price of good 1 (nuts)is $5 and the price of good 2 (berries)is $1.How many units of nuts will Augustine demand? A)12 B)16 C)14 D)26 E)30

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The Answer of Ambrose's brother Augustine has an income of $105 and a utility function U(x₁, x₂)= 40x^1/2₁ + x₂.The price of good 1 (nuts)is $5 and the price of good 2 (berries)is $1.How many units of nuts will Augustine demand? A)12 B)16 C)14 D)26 E)30

Ambrose's Brother Augustine Has an Income of $105 and a Utility