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If the ulitity function is: U=15x₁ + 58x2 and considering the following bundles: A=(67,47) B=(22,82) C=(42,26) D=(69,30) E=(76,89) How much utility does the consumer get from bundle A?

If the ulitity function is: U=15x₁ + 58x2 and considering the following bundles: A=(67,47) B=(22,82) C=(42,26) D=(69,30) E=(76,89) How much utility does the consumer get from bundle A?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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If the ulitity function is: U=15x1 + 58x2 and considering the following bundles: A=(67,47) B=(22,82) C=(42,26) D=(69,30) E=(76,89) How much utility does the consumer get from bundle A?
Transcribed Image Text:If the ulitity function is: U=15x1 + 58x2 and considering the following bundles: A=(67,47) B=(22,82) C=(42,26) D=(69,30) E=(76,89) How much utility does the consumer get from bundle A?
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