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MrsAngelD MrsAngelD
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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 four pizzas. Using Lisa's utility function, calculate how many burritos she consumes.
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Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
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RumkoRumko
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#1
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6 years ago
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MrsAngelD Author
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6 years ago
Thanks
aricketts6@
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Yesterday
Smart ... Thanks!
halyna
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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