Whats the optimal consumption under the constraint

Reference no: EM13243529

Assume that enjoys the consumption of cigars (c) and brandy (b)according to the following utility function:

U(C,B) = 20C - C2 +18 B - 3B2

1. How many glasses of brandy and cigars are consumed during andevening?
2. Now the sum of brandy and cigars consumed in the day isless than or equal 5. What's the optimal consumption under thisconstraint?

Reference no: EM13243529

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