Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Suppose that Harry drinks one cup of coffee with his preferred three packs of creamer every day for seven days. What is his utility for that week

Sagot :

Answer:

21

Explanation:

The computation of the utility for that week is as follows:

Given that

There are three packs

Also it is for seven days

u(x,y) = min(3x,y)

C = 1

x = 1

y = 3

So,

u = min(3,3)

= 3

For 7 days it would be

= 7 × 3

= 21

Hence, the utility for that week is 21

View image andromache
We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.