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Business, 03.07.2019 00:30 aylinkayla

Optimal choice of milk and honeyquantity of milk total utility quantity of honey total utility(gallons) from milk (in jars) from honey0 0 0 01 32 1 442 60 2 843 84 3 1204 104 4 1525 120 5 1806 132 6 2047 140 8 2248 144 8 240the price of milk is $2 per gallon, and the price of honey is $4 per jar. hal's income is $16. assuming that hal spends all of his income on honey and milk, the combination of milk and honey that will maximize his total utility is jars of honey and gallons of milk.

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