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Ambrose's Brother Bartholomew Has a Utility Function , Where

Question 50

Multiple Choice

Ambrose's brother Bartholomew has a utility function Ambrose's brother Bartholomew has a utility function , where x<sub>1</sub> is his consumption of nuts and x<sub>2</sub> is his consumption of berries. His income is $115, the price of nuts is $5, and the price of berries is $1. How many units of berries will Bartholomew demand? A) 35 B) 16 C) 70 D) 22 E) There is not enough information to determine the answer. , where x1 is his consumption of nuts and x2 is his consumption of berries. His income is $115, the price of nuts is $5, and the price of berries is $1. How many units of berries will Bartholomew demand?


A) 35
B) 16
C) 70
D) 22
E) There is not enough information to determine the answer.

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