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Ambrose's Brother Sebastian Has a Utility Function

Question 1

Multiple Choice

Ambrose's brother Sebastian has a utility function Ambrose's brother Sebastian has a utility function . His income is $165, the price of good 1 (nuts) is $6, and the price of good 2 (berries) is $1. How many units of nuts will Sebastian demand? A) 25 B) 23 C) 35 D) 21 E) 48 . His income is $165, the price of good 1 (nuts) is $6, and the price of good 2 (berries) is $1. How many units of nuts will Sebastian demand?


A) 25
B) 23
C) 35
D) 21
E) 48

Correct Answer:

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