Arnie Ziffel has $20 per week to spend on any combination of pineapples and green tea.The price of a pineapple is $4 and the price of a bottle of green tea is $2.The table below shows Arnie's utility values.Use the table to answer the questions that follow the table.
a.Complete the table by filling in the blank spaces.
b.Suppose Arnold purchases 4 pineapples and 2 bottles of green tea.Is he consuming the optimal consumption bundle? If so,explain why.If not,what combination should he buy and why?
Definitions:
Cultural Support
The assistance and encouragement provided by a community or society that shares the same customs, beliefs, and traditions.
Vernix Caseosa
Greasy material that protects the fetal skin from abrasions, chapping, and hardening that can occur from exposure to amniotic fluid.
Fetal Skin
Refers to the skin of a fetus, which undergoes significant development and changes throughout pregnancy.
Abrasions
Wounds caused by scraping or wearing away of the skin, usually superficial and not penetrating deeply into the body.
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