Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 28 Feb 2018 My Price 2.00

Helen’s preferences

Helen’s preferences over CDs (C) and sandwiches (S) are given by U(S, C) = SC + 10(S + C), with MUC =S + 10 and MUS = C + 10. If the price of a CD is $9 and the price of a sandwich is $3, and Helen can spend a combined total of $30 each day on these goods, find Helen’s optimal consumption basket.

 

 

 
 

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Feb 2018 07:02 PM My Price 2.00

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