Write a utility function for the following individuals: a) Miss Muffett likes curds (x) and whey...
Write a utility function for the following individuals: a) Miss Muffett likes curds (x) and whey (v) and is always willing to give up one cup of b) Jack Sprat can eat no fat (x) but he can always give it to his wife. She gives him lean (v), c) King Cole likes to smoke a pipe, but is very particular about the blend of tobacco he uses. (taken from the Nicholson Workbook) curds for ten fluid ounces of whey. which he can never get enough of - each additional pound of lean gives him the same additional satisfaction. He will only smoke 10 parts of Havana Gold (x) to 1 part Virginia Splendor (v).