Let x be the number of pizza slices and y the number of Cokes. If John’s utility function is u = min{7x, 4x+ 12y}, then if the price of pizza slices is 20 euros and the price of Coke is 40 euros, John will demand ?
a- 2 times as pizza slices as Cokes
b- 3 times as pizza slices as Cokes
c- 6 times as pizza slices as Cokes
d- 4 times as pizza slices as Cokes
e- 5 times as pizza slices as Cokes
f- only Cokes
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