Question
Optimal consumption: Last Friday I had two pieces of pizza, which cost $4 per slice, and four cookies, which cost $2 each. The pizza slices
Optimal consumption: Last Friday I had two pieces of pizza, which cost $4 per slice, and four cookies, which cost $2 each. The pizza slices scored 12 and 10 on my Pleasure-o-Meter, respectively; while the four cookies scored 8, 6, 4 and 2, respectively. Did I maximise my satisfaction last Friday? Assuming I was going on another health kick the following Friday, what would I do differently?
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
8th Canadian Edition
134646355, 9780134842615 , 978-0134646350
