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Economics 27) Q MUo MU/Po MUe MU/Pe 300 200 275 180 13 250 160 225 140 5 200 120 Danny F. is a huge Clemson
Economics 27) Q MUo MU/Po MUe MU/Pe 300 200 275 180 13 250 160 225 140 5 200 120 Danny F. is a huge Clemson fan. In fact Danny only eats Oranges (o) and Eggplants (e). Po- 1.25 Pe= .9 Danny has $6.25. Danny will consume oranges and eggplants to maximize his utility. He may have a little money left over but he will spend as much as he can to maximize his hypothetical" utility
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