Ambrose's brother Bartholomew has an income of $109 and a utility function U(x1, x2) = 32x1/21 + x2.The price of good 1 (nuts) is $4 and the price of good 2 (berries) is $1.How many units of nuts will Bartholomew demand?
A) 12
B) 26
C) 14
D) 16
E) 30
Correct Answer:
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