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How many grapefruits will she consume

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1. Georgina consumes only grapefruits and pineapples. Her utility function is U(x, y) = x2y8, where x is the number of grapefruits consumed and y is the number of pineapples consumed. Georgina's income is $105, and the prices of grapefruits and pineapples are $1 and $3, respectively. How many grapefruits will she consume?

a. 10.5

b. 7

c. 63

d. 21

e. None of the above.

Can you please help and explain how did you reach to the answer?

Reference no: EM132166622

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