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In Problem 3, Ambrose's Utility Is U(x1, X2) =

Question 25

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In Problem 3, Ambrose's utility is U(x1, x2) = In Problem 3, Ambrose's utility is U(x<sub>1</sub>, x<sub>2</sub>) = . If the price of nuts (good 1) is $1, the price of berries (good 2) is $4, and his income is $132, how many units of nuts will Ambrose choose? A) 64 B) 17 C) 128 D) 67 E) 32 . If the price of nuts (good 1) is $1, the price of berries (good 2) is $4, and his income is $132, how many units of nuts will Ambrose choose?


A) 64
B) 17
C) 128
D) 67
E) 32

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