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# Economics Mathematics & Economics Math Problem Paper (Math Problem Sample)

Instructions:

economics calculation

source..Content:

Student’s Name

Professor’s Name

Course Number

Date

Economics 2

Question 2

In order to maximize his utility, John will satisfy the following relationship

MUc/Pc = MUck/Pck

(10 – x)/1 = (21 – 2y)/1

Therefore;10 - x = 21 - 2y10 - 21 + 2y = xx = 2y - 11Budget linePc Ч x + Pco Ч y = 10x + y = 10(2y - 11) + y = 102y + y = 10 + 113y =

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