Multiple Choice
Martha loves to eat chili, especially an award-winning chili recipe that calls for using 2 tablespoons of chili powder for 1 pound of ground buffalo. What is Martha's utility as a function of tablespoons of chili powder (P) and pounds of ground buffalo (B) ?
A) U = min{2B, P}
B) U = min{0.50B, P}
C) U = 2P + B
D) U = 2PB
Correct Answer:
Verified
Correct Answer:
Verified
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