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Sagot :
3 packages of bread would produce more utility than 2 jars of jam
The total utility function of the jam
The marginal utility function of jam is given as:
f(x) = 55 - 4x
Integrate the above function to determine the total utility function
f'(x) = 55x - 2x^2
Hence, the total utility function of the jam is f'(x) = 55x - 2x^2
The total utility function of bread
The marginal utility function of bread is given as:
g(x) = 37 - x
Integrate the above function to determine the total utility function
g'(x) = 37x - 0.5x^2
Hence, the total utility function of the bread is g'(x) = 37x - 0.5x^2
The items that produce more utility
We have:
Jam = 2 jars
Bread = 3 packages
Substitute 2 for x in f'(x) = 55x - 2x^2
f'(2) = 55 * 2 - 2 * 2^2
f'(2) = 102
Substitute 3 for x in g'(x) = 37x - 0.5x^2
g'(3) = 37 * 3 - 0.5 * 3^2
g'(3) = 106.5
106.2 is greater than 102
Hence, 3 packages of bread would produce more utility
Read more about marginal utility functions at:
https://brainly.com/question/15050855
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