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Ambrose consumes only nuts and berries. Fortunately, he likes both goods. The consumption bundle where Ambrose consumes x1 units of nuts per week and x2
Ambrose consumes only nuts and berries. Fortunately, he likes both goods. The consumption bundle where Ambrose consumes x1 units of nuts per week and x2 units of berries per week is written as (x1,x2). The set of consumption bundles (x1, x2) such that Ambrose is indifferent between (x1, x2) and (1, 16) is the set of bundles such that x1 0, x2 0, and x2 = 20 4 x1. The set of bundles (x1,x2) such that (x1, x2) (36, 0) is the set of bundles such that x1 0, x2 0 and x2 = 244 x1.
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