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10 (i) Imagine a washing machine that only accepts one loonie and three quarters for each load of laundry; no other combination of coins is

10

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(i) Imagine a washing machine that only accepts one loonie and three quarters for each load of laundry; no other combination of coins is accepted by the machine. Write two examples of utility functions that could represent Jane's preferences over loonies and quarters with the change in her pocket when she wants to do her laundry. (ii) Now imagine Jean likes one bar of milk chocolate in exactly the same way as half a bar of dark chocolate. Write two examples of utility functions that could represent Jean's preferences over both types of chocolate

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