Wednesday

August 27, 2014

August 27, 2014

Posted by **raeesa javed** on Monday, April 19, 2010 at 9:39am.

(a)suppose meat cost$4 per pound and potatoes cost $2 per pound.drawv her budget constraint.

(b)suppose that her utility function is given by the equation u(M,P)=2M+P. WHAT COMBINATION OF MEAT AND POTATOES SHOULD SHE BUY TO MAXIMIZE HERU TILITY?(MEAT AND POTATOES ARE PERFECT SUBSTITUTE.)

- FCCOLLEGE -
**raeesa javed**, Monday, April 19, 2010 at 9:42amI DO NOT NEED THE ANSWER OF THIS QUESTION FROM RAEESA

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