Re: Isi peb 2016

Posted by Dr. Strange on Apr 27, 2016; 8:48pm
URL: http://discussion-forum.276.s1.nabble.com/Isi-peb-2016-tp7600058p7600118.html

Budget equation for E>0.5  in part (iii) is
2(E-0.5)+0.5(1)+B=3-1
2E+B=2.5

Hence optimal bundle in part (iii) is E=1.25,B=0,U=3.75
Rest everything is perfect