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

question 4

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 $2, and Casper's income is $39, how many units of cocoa will he consume?

• A)5
• B)0
• C)2
• D)3
• E)6

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Definitions:

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