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Mark likes to have 1.5 portions of fries with each burger he eats. He does not eat burgers without fries nor fries without burgers. Let
Mark likes to have 1.5 portions of fries with each burger he eats. He does not eat burgers without fries nor fries without burgers. Let X be the quantity of portions of fries he consumes and Y the quantity of burgers. For simplicity assume that he can consume parts of portions of fries and parts of burgers. Which of the following represents his preferences? Question 6 options: U(X,Y)=min{3X,2Y} U(X,Y)=1.5X+Y U(X,Y)=min{1.5X,Y} U(X,Y)=min{2X,3Y}
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