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

question 26

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 23 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 45 units of nuts?

• A) 30
• B) 7
• C) 10
• D) 20
• E) 5

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