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1. Complete the following table, based on the total utility, number of units, and prices data. Assume that A and B prices are 10 and
1. Complete the following table, based on the total utility, number of units, and prices data. Assume that A and B prices are 10 and 10 respectively and that the consumer's income is 60. 2. Find the optimum by estimating how many units of the two products will the consumer purchase. QA Total Utility A MUA MU/Price A QB Total Utility B MUB MU/Price B MRS 1 90 570 2150 4 65 3 180 3 55 4 200 35 5 210 11 10
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