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    Business
  3. Study Set
    Intermediate Microeconomics
  4. Exam
    Exam 4: A: Choice
  5. Question
    In Problem 3, Ambrose's Utility Is U(x<sub>1</sub>, X<sub>2</sub>) =
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In Problem 3, Ambrose's Utility Is U(x1, X2) =

Question 22

Question 22

Multiple Choice

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 $6, and his income is $186, how many units of nuts will Ambrose choose? A)  288 B)  144 C)  147 D)  7 E)  72 . If the price of nuts (good 1) is $1, the price of berries (good 2) is $6, and his income is $186, how many units of nuts will Ambrose choose?


A) 288
B) 144
C) 147
D) 7
E) 72

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