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Business, 01.06.2021 14:00 adyenamaie02

Kate has the utility function U(x, y) = 100*x - \frac{x^2 }{2} + y where x is her consumption of earplugs and y is money left over to spend on other stuff. If she has $10,000 to spend on earplugs and other stuff and if the price of earplugs rises from $50 to $70, then her net consumer’s surplus

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Kate has the utility function U(x, y) = 100*x - \frac{x^2 }{2} + y where x is her consumption of ear...

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