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Ambrose Has the Utility Function

Question 33

Multiple Choice

Ambrose has the utility function Ambrose has the utility function . If Ambrose is initially consuming 25 units of nuts and 17 units of berries, then what is the largest number of berries that he would be willing to give up in return for an additional 39 units of nuts? A) 8 B) 12 C) 25 D) 6 E) 3 . If Ambrose is initially consuming 25 units of nuts and 17 units of berries, then what is the largest number of berries that he would be willing to give up in return for an additional 39 units of nuts?


A) 8
B) 12
C) 25
D) 6
E) 3

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