John wants to maximize his total utility by consuming the optimal bundle of Good X and...
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John wants to maximize his total utility by consuming the optimal bundle of Good X and Good Y. Good X sells for Px = $4 Good Y sells for Py = $8 His utilities for each good are given below: QTY of X 0 1 2 W|N 3 3 4 5 TU for X 0 11 40 50 58 64 QTY of Y 0 2 3 4 5 6 Refer to the Table. John consumes some of both goods in order to maximize his utility. How much does he end up consuming of GOOD X in his optimal consumption bundle? *Only answer with a number, as it appears in the table. *Do not include the variable (X or Y) in your answer. A TU for Y 0 36 68 88 98 104 John wants to maximize his total utility by consuming the optimal bundle of Good X and Good Y. Good X sells for Px = $4 Good Y sells for Py = $8 His utilities for each good are given below: QTY of X 0 1 2 W|N 3 3 4 5 TU for X 0 11 40 50 58 64 QTY of Y 0 2 3 4 5 6 Refer to the Table. John consumes some of both goods in order to maximize his utility. How much does he end up consuming of GOOD X in his optimal consumption bundle? *Only answer with a number, as it appears in the table. *Do not include the variable (X or Y) in your answer. A TU for Y 0 36 68 88 98 104
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