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Josh is a gourmet from Missouri.He likes lobster.He is willing to pay $15 for a 1 lb lobster.$25 for a 2 lb lobster. $31 for
Josh is a gourmet from Missouri.He likes lobster.He is willing to pay $15 for a 1 lb lobster.$25 for a 2 lb lobster. $31 for a 3 lb lobster.$35 for a 4 lb lobster. $38 for a 5 lb lobster. $40 for 6 lb lobster.Lobsters are $5/lb regardless of the size of the beast. Josh has a budget of $40.Assume that the various sizes of lobster are equally delicious; there is no quality difference between the various sizes.The question you must answer: what size lobster will Josh buy ( and eat)?
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