Question

Jennifer has $10 to spend on tomatoes and cheese. The price of a pound of tomatoes is $2 and the price of a pound of cheese is $4. She has found her utility-maximizing bundle at 2 pounds of tomatoes and 1.5 pounds of cheese. Suppose Jennifer's income falls to $8 and the price of tomatoes falls to $1. The price of cheese remains the same. Jennifer is considering a bundle of zero units of tomatoes and 2 units of cheese. What is your advice?

Answer 1

Jennifer debería comprar el paquete de 2 libras de tomate y 1.5 libras de queso. Porque aunque sus ingresos cayeron, eso lo compensa el $1 menos de la libra de tomates. Y estaía gastando lo mismo de acuerdo a sus ingresos.r

10-9: 1

8-7: 1