loui's preferences over pizza (x) and other goods (y) are given by U(X,Y)=XY^2, with associated marginal utilities. his income is $240.  @) calculate his optimal basket when Px=8 and Py=1.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics
Section: Chapter Questions
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loui's preferences over pizza (x) and other goods (y) are given by U(X,Y)=XY^2, with associated marginal utilities. his income is $240. 

@) calculate his optimal basket when Px=8 and Py=1. 

 

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