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Ambrose Has the Utility Function U(x1, X2)= 4x1/21 + X2

question 26

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Ambrose has the utility function U(x1, x2) = 4x1/21 + 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?


Definitions:

Chromosomes

are long strands of DNA found in the nucleus of cells that carry genetic information necessary for reproduction, growth, and maintenance of organisms.

Genes

Genes are the basic units of heredity in living organisms, made up of DNA, that carry the instructions for the development, functioning, and reproduction of cells.

Dominant Gene

A gene that is expressed in the phenotype over a recessive gene when an individual is heterozygous for a particular trait.

Expressed

The process of conveying or manifesting thoughts, feelings, or intentions through words, actions, or artistic expressions.

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