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

question 19

Multiple Choice

In Problem 2, Ambrose has the utility function U(x₁, x₂) = . If Ambrose were initially consuming 4 units of nuts (good 1) and 27 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 21 units of nuts?

• A) 5
• B) 12
• C) 6
• D) 32
• E) 3

---

Definitions:

Hippocampal Region

A complex brain structure embedded deep into temporal lobe, playing a major role in learning and memory.

Long-term Memories

Memories stored within the brain that can last from days to an entire lifetime, encompassing personal experiences, facts, and concepts.

Cerebral Cortex

The outer layer of the brain's cerebrum, responsible for higher brain functions such as thought, memory, and decision-making.

Long-term Potentiation (LTP)

A long-lasting increase in signal transmission between two neurons, believed to be a cellular mechanism underlying learning and memory.