Wanda Littlemore's utility function is U(x, y) = x + 47y - 3y². Her income is $107. If the price of x is $1 and the price of y is $23, how many units of good x will Wanda demand? A) 11 B) 19 C) 0 D) 18 E) 15

Question

Quizplus · Accepted Answer

The Answer of Wanda Littlemore's utility function is U(x, y) = x + 47y - 3y². Her income is $107. If the price of x is $1 and the price of y is $23, how many units of good x will Wanda demand? A) 11 B) 19 C) 0 D) 18 E) 15

Wanda Littlemore's Utility Function Is U(x, Y) = X