Blutarsky is throwing a party at his fraternity and is, Ask an Expert

Economics

Blutarsky is throwing a party at his Fraternity and is trying to choose how much beer and vodka to buy. A bottle of vodka has four times the alcohol as a six? pack of beer.
a. If Blutarsky only cares about the total amount of alcohol in his basket, what is his marginal rate of substitution of bottles of vodka for six? packs of beer?
b. Write out a utility function to represent these preferences.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9747815

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