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Diogo has a utility function U = 100x09201 The price of X is p, = $2, the price of Z is p, = $4, and his income is $60. What is Diogo's optimal bundle? (round your answer to one decimal place) = |54.0 units Z.= 15 0 units %3D

Diogo has a utility function U = 100x09201 The price of X is p, = $2, the price of Z is p, = $4, and his income is $60. What is Diogo's optimal bundle? (round your answer to one decimal place) = |54.0 units Z.= 15 0 units %3D

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Diogo has a utility function U = 100x09201 The price of X is p, = $2, the price of Z isp, = $4, and his income is $600 What is Diogo's optimal bundle? (round your answer to one decimal place) = 54.0 units 2.= 15 0 units
Transcribed Image Text:Diogo has a utility function U = 100x09201 The price of X is p, = $2, the price of Z isp, = $4, and his income is $600 What is Diogo's optimal bundle? (round your answer to one decimal place) = 54.0 units 2.= 15 0 units
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