What is the number of tomatoes at the optimal consumption

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Reference no: EM133390432

Question: Suppose that Darrell consumes both beer and tomatoes. His utility function is given by the following: u left parenthesis b comma t right parenthesis equals b to the power of 1 half end exponent t to the power of 2 over 3 end exponent. If the price of beer is $2, the price of a package of tomatoes is $8, and he has $56 in income, what is the number of tomatoes at the optimal consumption bundle?

Reference no: EM133390432

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