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e. Find Fabio's optimal bundle. How many times does Fabio ride the subway? How much does he spend on other types of transportation? We can
e. Find Fabio's optimal bundle. How many times does Fabio ride the subway? How much does he spend on other types of transportation? We can find Fabio's optimal bundle by setting up the tangency condition and the feasibility condition. ? , ? = ? , ? ? , ? = ? , ? ?. C.: ? = = ? ? = 17 ?+ ? , ? = 1 ? ? ? , ? = 1 F. C.: ? ,? +? ,? = 1 I ?? ? = ! ? ? ? = = ?? ? ? ?? ? ?? I ? = ?* = ?? ? = ?. ? ? ? ? ? ? ? Fabio rides the subway 20 times, and he spends $45 on other types of transportation
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