4. 616 387 726 432 7 924 486 8. 979 495 Find the mix of product A and B that maximize your Utility based on the following utility table if you have to pay $ 11 for each unit of product A, and $9 for each unit of Product B, hence

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Problem 1QTC
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TUA
TUB
0.
176
117
2
330
225
4.
616
387
726
432
7
924
486
8.
979
495
Find the mix of product A andB that maximize your Utility based on the following utility table
,if you have to pay $ 11 for each unit of product A, and $9 for each unit of Product B, hence
you have $ 133 to spend on these two products.
Transcribed Image Text:TUA TUB 0. 176 117 2 330 225 4. 616 387 726 432 7 924 486 8. 979 495 Find the mix of product A andB that maximize your Utility based on the following utility table ,if you have to pay $ 11 for each unit of product A, and $9 for each unit of Product B, hence you have $ 133 to spend on these two products.
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