Given the following information Price of burger(Pb)=P50 Price of spaghetti (Ps)= P75 MU of burger(MUb)=180 utils MU of spaghetti(MUs)= 225 utils Required: A. Compute for the consumers equilibrium B. What is the decision of the consumers ? Will he buy burger or spaghetti ? Justify your answr.

/in /by

Given the following information
Price of burger(Pb)=P50
Price of spaghetti (Ps)= P75
MU of burger(MUb)=180 utils
MU of spaghetti(MUs)= 225 utils
Required:
A. Compute for the consumers equilibrium
B. What is the decision of the consumers ? Will he buy burger or spaghetti ? Justify your answer.

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