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July 11, 2014

Homework Help: macro econ

Posted by joy on Sunday, November 29, 2009 at 4:39pm.

Need help
if bridget has wine and cheese. 4 bottle of wine at 10.00 and 4lbs of chesse 4.00. The last bottle of wine added 50 units to bridgt utility, while the last pound of cheese added 40 units.
Is bridget makeing the utility maximaizing choice if so why if not why.
My answer
No
if u= f (x,y0
50=(10,4)+ (10,4)
2000 + 1600
I am stuck or am i going in the right direction

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