Question: 6. From the information provided in the following table, determine the optimal bundle that the consumer with an income of OMR 28 must choose
6. From the information provided in the following table, determine the optimal bundle that the consumer with an income of OMR 28 must choose to maximize his well- being. (4 marks) Quantity Apples(OMR 2/unit) Mangoes (OMR 4/unit) Total Benefits (OMR) Total Benefits (OMR) 0 1 2 3 4 5 6 7 10 18 25 31 36 40 43 19 38 52 60 66 70 72
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Answer The note book bis 2 5 10 30 Consume way well being Given ... View full answer
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