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

Question 13

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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 $104, how many units of nuts will Ambrose choose? A) 67 B) 128 C) 64 D) 10 E) 32 . If the price of nuts (good 1) is $1, the price of berries (good 2) is $4, and his income is $104, how many units of nuts will Ambrose choose?


A) 67
B) 128
C) 64
D) 10
E) 32

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