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Other Fields Homework Help Economics Topic started by: AndrewKraus on May 22, 2017



Title: From the information provided in the following table, determine the optimal bundle that the consumer ...
Post by: AndrewKraus on May 22, 2017
From the information provided in the following table, determine the optimal bundle that the consumer with an income of $34 must choose to maximize his well-being.

Quantity   Pen(s) ($2/unit)   Notebook(s) ($4/unit)
   Total Benefits ($)   Total Benefits ($)
0   -   -
1   10   19
2   18   38
3   25   52
4   31   60
5   36   66
6   40   70
7   43   72
8   44   73


Title: Re: From the information provided in the following table, determine the optimal bundle that the ...
Post by: Sudzbury on May 22, 2017
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Title: Re: From the information provided in the following table, determine the optimal bundle that the consumer ...
Post by: AndrewKraus on Jun 24, 2017
Excellent answer, thx