Question

John Steinbeck has an income of $80 per week, all of which he spends on grapes

(G) and tortillas (T). The price of grapes is $2 per pound and the price of tortillas $4 per box. His utility function is U = 5GT.

6. Assuming Steinbeck is a utility maximizer, how many grapes and tortillas does he

consume per week?

G = _____________ T = ______________