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Mairoon Mairoon
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6 years ago
Lisa consumes only pizzas (P) and burritos (B). Her utility function is U = P0.5 B0.5. The price of per pizza is $10 and the price per burrito is $5. In equilibrium, Lisa consumes 4 pizzas. Using Lisa's utility function, calculate how many burritos she consumes.
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Microeconomics

Microeconomics


Edition: 6th
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ChronosChronos
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6 years ago
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Mairoon Author
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5 years ago
Thanks to all of you, I passed my course
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