Hui's utility function is U(x,y) = 4x+y+6.6. Suppose Hui has x = 30 units of good X and good y = 56.6 units of good Y. If Hui gets one more unit of good X, what amount of good Y can be taken from him so that utility does not change?

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics
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Hui's utility function is U(x,y) = 4x+y+6.6.
Suppose Hui has x = 30 units of good X and
good y = 56.6 units of good Y. If Hui gets one
more unit of good X, what amount of good Y can
be taken from him so that utility does not
change?
Transcribed Image Text:Hui's utility function is U(x,y) = 4x+y+6.6. Suppose Hui has x = 30 units of good X and good y = 56.6 units of good Y. If Hui gets one more unit of good X, what amount of good Y can be taken from him so that utility does not change?
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