Question
You are given the following total utilities of apples and mineral water obtained by Bervin. Given that each apple cost K5, each bottle of water
You are given the following total utilities of apples and mineral water obtained by Bervin. Given that each apple cost K5, each bottle of water cost K2, and Bervin's income is K22, find the optimal combination of apples and bottles of mineral water.
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Environmental Economics
Authors: Barry Field, Martha K Field
5th Edition
0073375764, 9780073375762
