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Sue has an income of $10. She purchases good x which costs $1 and good y which costs $2. Quantity MUx MU/Px MUy MU/Py 0
- Sue has an income of $10. She purchases good x which costs $1 and good y which costs $2.
| Quantity | MUx | MU/Px | MUy | MU/Py |
| 0 | - | - | - | - |
| 1 | 10 | 10 | 24 | 12 |
| 2 | 8 | 8 | 20 | 10 |
| 3 | 7 | 7 | 18 | 9 |
| 4 | 6 | 6 | 16 | 8 |
| 5 | 5 | 5 | 12 | 6 |
| 6 | 4 | 4 | 6 | 3 |
| 7 | 3 | 3 | 4 | 2 |
What is Sue utility maximizing level of consumption.
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Contemporary Advertising
Authors: William F Arens
16th Edition
1260735419, 9781260735413
