Question: Utility 11th Assignment 1. Use the utility table from class. Find the optimal bundle when the price of Burger is $12, the price of Movie

Utility 11th Assignment 1. Use the utility table from class. Find the optimal bundle when the price of Burger is $12, the price

of Movie is $12, and there is $60 to allocate. 2. Find

the optimal bundle when the price of Movies changes to $6. 150

Utility 11th Assignment 1. Use the utility table from class. Find the optimal bundle when the price of Burger is $12, the price of Movie is $12, and there is $60 to allocate. 2. Find the optimal bundle when the price of Movies changes to $6. 150 3. Sketch the optimal bundles on a consumption diagram and graphically derive the demand curve. Find the equation for the demand curve for Movies.

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