Boyd has the following utility function: U= 100B/C where B represents books and C represents audio CDs Boyd currently consumes 46 units of good B and 36 units of good C. His total level of utility is...

Boyd has the following utility function:<br>U= 100B/C<br>where B represents books and C represents audio CDs<br>Boyd currently consumes 46 units of good B and 36 units of good C.<br>His total level of utility is 27600. (Enter a numeric response using a real number rounded to two decimal places.)<br>Which would he prefer added to his consumption bundle? One more unit of good B or one more unit of good C?<br>One more unit of<br>would be preferred.<br>good C<br>good B<br>15<br>stv<br>MacBook Air<br>80<br>esc<br>F1<br>F2<br>F3<br>F4<br>F5<br>F6<br>F7<br>F8<br>!<br>@<br>#<br>$<br>&<br>2<br>4<br>6.<br>7<br>8.<br>Q<br>W<br>E<br>Y<br>tab<br>А<br>caps lock<br>H<br>J<br>K.<br>ift<br>C<br>V<br>N<br>M<br>fn<br>control<br>option<br>command<br>B<br>D<br>

Extracted text: Boyd has the following utility function: U= 100B/C where B represents books and C represents audio CDs Boyd currently consumes 46 units of good B and 36 units of good C. His total level of utility is 27600. (Enter a numeric response using a real number rounded to two decimal places.) Which would he prefer added to his consumption bundle? One more unit of good B or one more unit of good C? One more unit of would be preferred. good C good B 15 stv MacBook Air 80 esc F1 F2 F3 F4 F5 F6 F7 F8 ! @ # $ & 2 4 6. 7 8. Q W E Y tab А caps lock H J K. ift C V N M fn control option command B D

Jun 11, 2022

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Boyd has the following utility function: U= 100B/C where B represents books and C represents audio CDs Boyd currently consumes 46 units of good B and 36 units of good C. His total level of utility is...

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