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having hard time Peter consumes only apples and bananas. Her income is $40 per week. The price of apples is SI and the price of

having hard time

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Peter consumes only apples and bananas. Her income is $40 per week. The price of apples is SI and the price of bananas is $2. Her utility function is U = 10AB, where A is the quantity of apples she consumes in a week and B is the quantity of bananas. a) Write out Peter budget constraint and draw it on the grid. b) What is Peter marginal rate of substitution (MRS)

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