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Rick eats only french fries and burgers at his office cafeteria. His weekly lunch budget is $48. Each burger costs $6 and each order of fries costs $3. When deciding how much of each good to buy, Rick knows that 2 burgers and 12 orders of french fries will give him a utility of 32. He also knows that he gets equal marginal utility per dollar he spends at this level. At his utility-maximizing point, Rick's utility is:
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Rick eats only french fries and burgers at his office cafeteria. His weekly lunch budget is $48. Eac...
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