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6. Pr lm i. The consumer side analogue to firm's goal of prot maximization is the goal of utility maximization subject to a budget constraint.

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6. Pr lm i. The consumer side analogue to firm's goal of prot maximization is the goal of utility maximization subject to a budget constraint. Utility means satisfaction. So let's consider an individual who consumes only two goods: ale and bread. The quantity of ale is given in pints/week and the quantity of bread is given in loaves per week. Suppose the price of ale is $2/pint and the price of a loaf of bread is . 50/load. Let Income $8. The consumer's utility is given below. B TU 4 B MUA=

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