Problem
Let MUA =z =10 - x and MUB= z =21 = 2y, where z is marginal utility per dollar measured in utils, x is the amount spent on product A, and y is the amount spent on product B. Assume that the consumer has $10 to spend on A and B-that is, x + y = 10. How is the $10 best allocated between A and B? How much utility will the marginal dollar yield?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.