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What bundle of apples and kumquats should he purchase

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Andrew purchases only 2 goods: Apples (a) and Kumquats (k). He has an income of $40 and can buy apples at $2 per pound and kumquats at $4 per pound. His utility function is U(a, k) = 3a + 5k. What bundle of apples and kumquats should he purchase to maximize his utility?

Reference no: EM131870704

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