Question
Suppose that Al's utility function is U = Q^.5/10 and he has 10 dollars to spend. How many units should he purchase if the price
Suppose that Al's utility function is U = Q^.5/10 and he has 10 dollars to spend. How many units should he purchase if the price of this good is $2/unit?
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
ISBN: 1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
