Views nutella and soda as perfect complements

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Mr. Allen views nutella and soda as perfect complements. She always needs two tablespoons of nutella with one tablespoon of soda, U=min{J, 1/2N}. What will her optimal consumption bundle be if the price of soda is $0.25 and the price of nutella is $0.10 and she has $5 to spend on nutella and soda products? You do not need to draw a graph if you do not want to.

Reference no: EM13743974

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Views nutella and soda as perfect complements : Mr. Allen views nutella and soda as perfect complements. She always needs two tablespoons of nutella with one tablespoon of soda, U=min{J, 1/2N}. What will her optimal consumption bundle be if the price of soda is $0.25 and the price of nutella is $0..

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