Miss Muffet always likes to have things "just so". In fact, the only way she will consume her curds and whey is 2 Units of Curds with 1 Unit of Whey.
I know the Utility function is U=min(2W, C)
Miss Muffet has $12. P for curds is $1, and P for Whey is $2.
What is the utility maximizing bundle?? and how!?

Question

anonymous · Answer

$$Pc \times C + Pw \times W = M $$
so $$C +2W=12$$
and also 2W=C 
so solving above 2 equations, v get
4W=12
W=3 n C=6