<span>On an indifference curve, all bundles give the same amount of utility. (32,8) gives a utility of
U(32,8)=32x8=256
If (4,y) is on the same indifference curve, then it must give the same utility. Hence,
256 = 4y
y=64
64 bananas</span>
Answer:
With $1 you can buy 50 Tootsie rolls, and 20 Peppermint Patties.
Step-by-step explanation:
100 divided by 2 = 50
100 divided by 5 = 20
R = 6t.....subbing in (8,48).....t = 8 and r = 48
48 = 6(8)
48 = 48 (correct)
r = 6t...subbing in (13,78)...t = 13 and r = 78
78 = 6(13)
78 = 78 (correct)
so u have 2 sets of points on this line and they are (8,48) and (13,78)
