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Ike has 10 tokens for the Huntsville Halloween Faire. Milkshakes cost 1 token and tickets to...

Ike has 10 tokens for the Huntsville Halloween Faire. Milkshakes cost 1 token and tickets to the Haunted House cost 2 tokens. His value for milkshakes is $1 times the square root of the number of milkshakes. His value for tickets is $5 - ($3 / number of tickets). How many milkshakes and tickets should Ike purchase?

A. 1 shake and 3 tickets

B. 1 shake and 4 tickets

C. 4 shakes and 1 ticket

D. 4 shakes and 5 tickets

E. 9 shakes and 1 ticket

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Answer #1

ARUL MC Income) = lo ; Pm (price of milkshake) = 1 PHl price of haunted hudlay ( )= 2 Marginal uility of milkshake : Mum Marg

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