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1 vote
Mike has a budget of $12 to spend on beer and chicken. A bottle of beer costs $6 and a piece of chicken costs $2. What is the optimal consumption bundle?

User Lazaruss
by
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1 Answer

6 votes
One Beer and Three Chicken
Chicken=$2
$2 x 3=$6
Beer=$6
6+6=$12
User David Culp
by
8.5k points
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