What combination of the two goods below allows you to maximize your utility with a budget constraint of $14? Show how you arrived at your conclusion in the space provided below. Place your final answers on the lines at the bottom of this page.
PRICE = $0.50 per pint
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Bottles of glue
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Total Utility (Utils)
|
|
1
|
15
|
|
2
|
23
|
|
3
|
30
|
|
4
|
35
|
|
5
|
38
|
|
6
|
40.5
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PRICE = $2.00 per box
|
Bales of hay
|
Total Utility (Utils)
|
|
1
|
10
|
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2
|
22
|
|
3
|
36
|
|
4
|
52
|
|
5
|
70
|
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6
|
90
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