Recall That Casper's Utility Function Is 3x + Y, Where

question 24

Multiple Choice

recall that Casper's utility function is 3x + y, where x is his consumption of cocoa and y is his consumption of cheese.If the total cost of x units of cocoa is x², the price of cheese is $4, and Casper's income is $56, how many units of cocoa will he consume?

• A)6
• B)5
• C)11
• D)3
• E)12

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