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Home / Questions / Casperâ??s utility function is 3x + y, where x is his consumption of cocoa and y is his consumption

Casperâ??s utility function is 3x + y, where x is his consumption of cocoa and y is his consumption

Casper’s utility function is 3x + y, where x is his consumption of cocoa and y is his consumption of cheese. If the total cost of x units of cocoa is x squared (x^2), the price of cheese is $2, and Casper’s income is $39, how many units of cocoa will he consume?

 

Apr 27 2020 View more View Less

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