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MMLU-Pro / 7273 / Suppose the marginal utility to David Jones of product A is defined by the…

Problem

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question

Suppose the marginal utility to David Jones of product A is defined by the function, MU_A = 10 - x, where x is the number of units of A pro-duced. For B, MU_B = 21 - 2y, where y is the number of units of B produced. Assume that the price of A = price of B = 1.HowmuchofAandBwouldDavidbuyifhehad1. How much of A and B would David buy if he had 7 to spend?
Plain-text mathematical notation (without MathML)
Suppose the marginal utility to David Jones of product A is defined by the function, MU_A = 10 - x, where x is the number of units of A pro-duced. For B, MU_B = 21 - 2y, where y is the number of units of B produced. Assume that the price of A = price of B = 1.HowmuchofAandBwouldDavidbuyifhehad7 to spend?
Original LaTeX notation
Suppose the marginal utility to David Jones of product A is defined by the function, MU_A = 10 - x, where x is the number of units of A pro-duced. For B, MU_B = 21 - 2y, where y is the number of units of B produced. Assume that the price of A = price of B = $1. How much of A and B would David buy if he had $7 to spend?

category

economics

options

  1. Two units of product A and four units of product B
  2. one unit of product A and six units of product B
  3. two units of product A and five units of product B
  4. Three units of product A and three units of product B
  5. Zero units of product A and seven units of product B
  6. Five units of product A and two units of product B
  7. three units of product A and four units of product B
  8. Six units of product A and one unit of product B
  9. four units of product A and three units of product B
  10. Seven units of product A and zero units of product B

src

stemez-Economics

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