Question: Allyson has preferences for Doubles (D) and Solo (S) given by: Utility = V1. 618 * D * S Allyson wishes to generate K utils

 Allyson has preferences for Doubles (D) and Solo (S) given by:

Allyson has preferences for Doubles (D) and Solo (S) given by: Utility = V1. 618 * D * S Allyson wishes to generate K utils from the consumption of doubles and solo over the next month. Select a value for K between [26 - 129] and generate the seven (7) values of Doubles that will grant Allyson exactly K utils when paired with Solo for the following Solo values: 1, 2 3, 5, 10, 15 and 20. Graph this indifference curve with Solo on the X- axis. (NB: The graph does not necessarily have to be drawn to scale, however, the exact value for each point should be given to 2 decimal places). [4 marks]

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