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Assignment 3 The price of a shirt is 80 yuan, the price of fast food is 20 yuan, and the consumer is at the equilibrium point of the utility maximization of the two products. Seek: Marginal rate of substitution of fast food to shirts 2.A consumer’s income is 540 yuan, who purchase goodsx1,x2. The prices of the two product are p1 = 20 yuan, p2 = 30 yuan, and the consumer’s utility function is U=3x1x22. Seeking: 1. How much do two consumers buy?
Assignment 3 The price of a shirt is 80 yuan, the price of fast food is 20 yuan, and the consumer is at the…