Marginal Utility

Marginal Utility

Kamini consumes tacos and burritos. Suppose her marginal utility for tacos and her marginal utility for burritos are constant @ 4. Also, the price of a taco = $1.00, price of burrito = $2.00 Kamini’s income (budget) = $20.00

A) using a graph, draw kamini’s utility-maximizing bundle of tacos and burri…