AGB $212$ Sp$24/$ Unit $1$ Quant Assessment Retake

Problem Q$9$

The graph below includes indifference curves and budget lines for the consumption and purchase of cabbages $($measured in lbs$.)$ and beets $($measured in pounds$).$ The budget for all the budget lines is $$70.$

Part $A$

Identify the utility$-$maximizing points $($UMPs$)$ on each of the budget lines. Draw a clear dot at each UMP and draw vertical and horizontal lines to each of the axes from each point. Using the table below the graph, write down the quantity of beets $(Q_B)$ and the quantity of cabbages $(Q_C)$ for each point making sure to identify the good that goes with the number and making sure to use units.

$\backslash$table$[[,\backslash$table$[[$Tangent Q$\_($C$)],[$Value$]],\backslash$table$[[$Tangent Q$\_($B$)],[$Value$]]],[$Line A$,,],[$Line B$,,],[$Line C$,,]]$

$9$ of $13$