Posted by **Anonymous** on Tuesday, June 14, 2011 at 8:56am.

7. For each of the following situations, decide whether the bundle Lakshani is thinking about consuming is optimal or not. If it is not optimal, how could Lakshani improve her overall level of utility? That is, determine which good she should spend more on and which good should she spend less on

## Answer this Question

## Related Questions

- Microeconomics help please (urgent) - I just want an idea on how to do this, so ...
- mircoeconomic - For each of the following situations, decide whether the bundle ...
- Microeconomics - Given the utility function U(C,T) = 3C+2T A budget constraint ...
- mircoeconomic - Lakshani has $5 to spend on pens and pencils. Each pen costs $0....
- mircoeconomic - Lakshani has $50 per season to spend on tickets to foot-ball ...
- microeconomics - When deriving an individuals demand curve how do you find the ...
- Health - Someone who smokes marijuana every day may be functioning at a ________...
- CALCULUS ECONOMICS - Consider a market in which consumption of the good being ...
- math - Your optimal exercise heart rate for cardiovascular benefits is ...
- Financial Management - A firm is trying to determine its optimal capital ...

More Related Questions