In Problem 2, Ambrose Has the Utility Function U(x₁, X₂)

question 21

Multiple Choice

In Problem 2, Ambrose has the utility function U(x₁, x₂) . If Ambrose were initially consuming 81 units of nuts (good 1) and 22 units of berries (good 2) , then what is the largest number of berries that he would be willing to give up in return for an additional 40 units of nuts?

• A) 4
• B) 8
• C) 11
• D) 33
• E) 2

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Definitions:

Lateral View

A perspective or illustration of an object or structure from its side.

Temporal Lobe

A region of the brain responsible for processing auditory information and also involved in memory and emotion.

Cerebellum

A part of the brain located at the back of the skull, responsible for coordinating voluntary movements and maintaining posture and balance.

Cribriform Plate

A thin, perforated bony part of the ethmoid bone in the skull, allowing passage for olfactory nerves from the nasal cavity to the brain.