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Ambrose's Brother Bartholomew Has a Utility Function U(x1, X2)= 40x1/21

Question 29

Multiple Choice

Ambrose's brother Bartholomew has a utility function U(x1, x2) = 40x1/21 + x2, where x1 is his consumption of nuts and x2 is his consumption of berries.His income is $115, the price of nuts is $5, and the price of berries is $1.How many units of berries will Bartholomew demand?


A) 35
B) 16
C) 70
D) 22
E) There is not enough information to determine the answer.

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