Question: hello can you please help me with this question i...
Hello can you please help me with this question i am confused on how to do it thank you
4. Suppose a person has $8 to spend only on apples and bananas. Apples cost $0:4 each, and bananas cost $0:1 each. Furthermore, his preferences for apples (A) and bananas (B) can be represented by U = pAB.
a) If A = 5 and B = 80, what will utility be?
b) If A = 10, what value of for B will provide the same utility in part a? c) If A = 20, what value of for B will provide the same utility in parts
a and b?
d) Graph the indi§erence curve implied by parts a through c.
e) Give the budget constraint, which of the points identiÖed in parts a
through c can be bought by this person?
f) show through some examples that every other way of allocating income
provides less utility than does the point identiÖed in part b. graph this utility maximizing situation.
hi ive posted a picture of the part in question thank you