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ECO2023 Chapter 6 Discussion Questions Prompt: Suppose we work at a supplement store where a tub of a carbohydrate supplement is $10, while the price

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ECO2023 Chapter 6 Discussion Questions Prompt: Suppose we work at a supplement store where a tub of a carbohydrate supplement is $10, while the price of a protein supplement tub is $20. Furthermore, suppose we are assisting a regular customer where they nformed us of having $100 currently that they want to fully use and that they have a ranking of 1. (6C,3P), 2. (6C, 2P), and 3. (6C, 1P) over carbohydrate and protein tubs. a) What choice maximizes the regular customer's utility? (33pts) b) Holding all else constant, suppose that the price of carbohydrate tubs has decreased from $10 per tub to $6.66 per tub. What would the customer's new utility maximizing combination of carbohydrate and protein tubs be? (33pts) c) How did the demand for protein tubs change given the change in price on carbohydrate tubs? Given that response, what type of goods can we classify protein tubs and carbohydrate tubs as? (34pts)

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