=+7.2 Suppose you have an income of $24 and the only two goods you consume are apples
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=+7.2 Suppose you have an income of $24 and the only two goods you consume are apples (x1
) and peaches
(x2
). The price of apples is $4 and the price of peaches is $3.
A. Suppose that your optimal consumption is 4 peaches and 3 apples.
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Related Book For 
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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