CHAPTER % - Consumer Behavior TUTORIAL ANSWERS aE A) D> 6 ip prtftved to A, a> bundle B contains mart _F and_more C.___ unption: more iy bette Xan \eo)) TG RNA aye aw x Eaangle“The amasnt of god Yi wold give vp_to_obein-an_exka unit of x* —. — mand that fre AR) is_tqual_—ho = OY which many tie pie ratio is oe BX 4 St) FB ¢ “. —SHHRS of puns for_pens™, mtam Yat tre MRS is epal to —Apenws | Ft eee SEE Seagal CoO es Laie = Fhersfort_thiy should be tyual_ te tre prite yao = _Ppens 2 mas <_ pric rahi L l aS ac" ead” lag” Yee a te td, yng — ie noes Up penal for_an_txtiapen. Z vost anroviattd fo it sa tee (eee a Gis therchore, jn orde i fou more pertild and Fewer eee es le> not a Lomte Solution a3 faut. (> tondating Peet _______S.vinits of pont and A of pencils.——froo_A Good _B. a Pr = 0.504 Pez b.00$ Nua sd ee HWW, 2 A Eee A a a T= 420.0$ i a2 = = 050 Qe ude = 0/50 ——Reeplauing- into teoudgel tine expeesion: = Qs) > Ato = 0,50-Q, + (MSG) ieee aa (Ha2a4 2 i Ls fa @n + Pp! 3—_[exenuses ooo Eee | Bae jaw Booxs (ri) : 5 ea 904 + 407- ee 9a a vv oO = +5) Py s SUSOF —Fottral Inet = tl: Pa + - £, doy (nome = T+ 40 $ 5-40 + 0-50 T= 400 $ Tis Lug ps. a) Budget linet pre ion BEFORE s of = 20+ SOU —tuigtt lot tapeoion APTER: U0 > 98.1 + 52.500 \-— = ee | [ bd) Budget tine. before (bau) apt bat | _________ fidget Itee_atter (red) _____}_ how tnteraghs “f= 88_ —hatecept: 7 = W00 i %0 the tint tras vatated ave te | oil [goon ia vg aa nang ee Te Bl —Hairur ss j ri &) 436 bE yoo a 50 fe i ap np aS ta Ses | 0) the ost year he bowght 5 new b00Ms at a cost of 20) each, wich is a caine solution. The new price of new! b00Ks 19Gb and tre cost of __| a 5 new bows is UUOS. The GOs extra income ill cove tee pri torte _| —_fentaniais rot definitly woot, ott sine he_can stil asia tre same | number of ntw b00Ks. “Ht may tn four bot better off i he decides to | wilt to Some Voed Ipd0Ms SN intr peat ig ts BeeneMAE) = 40 ee VLE.Q = 0.10 Ftc! { p21) vetoes ee ee plex, = t E 3 } i mt 08) tains 40 ity of foal and Sof cobhing { oo u =| Alex receives a_utillty ae 0.10 (404 )(s) = $00 fam original _ WRAas rc pee (49,2) 2 A a Ae A Ye viility io Yne same, ik means that Alex's tndiféertnce curve (es Do 'yry, Sone as Ben's, ae a al ce Yo se ie FENOM Te | a WA ae z cis 0 aa ee pelle Fe 15) < 4 - L_ ——+¢ us H —b) They have fre sume preéerenies bee thie pndifertne tines are denial | Tint ngans eat Mey will vans fre_buedlea th re same_order | 0) Aniral_quaniies: fAaw_quanbihts 2h 40 Fe a a = U= 500 A fan mt my New qanhry its Ben's vhlily pymutin: S002 40RC | ee 9 DOE as ser ee eeei, a b) T= %-X + BY 300 = Aox+ 54 AWW ETC : Slope = — Px -L ¢ Py EEE erat! | Rane i Rants naan 1 Mes = Px ( fy a Ard sine Hes > Mx i Ruy” ut oe eee My fy a Dethak ce wee 40 AS y*= GOKY > Yeu a vas. Yay Ta dekermine tee exw quantiles swosbibte. = Li eS oe expen (Ee Kt PY) 500 = 40-x4 5 (4x) © $00 = 40X40 X 5 ONE tae Pe DM A X= Ab bt did dine Y= UX, will be _Ll4b.64) = 66.63 _d) Initial pies fNews_gris «__ Px= 40 Pas 45 ty = 9 eye~X) oto fre_buiget line exprnion (T= Py-X+ Py Ys aK aie pes EAL nok oe Y= OK Ys 6 A) = —— Utility beface_pritt_chany x bit afte pee change: _— Ve 3 x-yh We 3x yt X= A667 X= WAL N= bb-b4 \ = Gb. \ us 3-how) won = 3-4) (oe 04 i a Se ee = Aub. 1ub “ ———vhility ll dve_to tre pive change ally 15-09. a lower sndifenctn tune “= p) tm ophmal manuet barnet is where: fas = fs & fe pgp aac. 050 Fe 5 [eas | B SS US Saha buy hive a» reuny chips | ay soft dinnw -— Beta | sree 2 — in atower @_you_todd hove, als2calwlattd dre Mes. -= AY, a MUs sy Bitter na is3S =o ee 36S IF 50, fev (B)_Yyou_strovld_also_Change_t. ovdtr_of tre_pries im_tre equation, NR) = Pe oe Ps SESONISIi Sy mi CfA me Cc 050 ee “Tet_answer is ne dame = Reglasing ___=_ But sht_ must _also_satisey C= > Swbstiing_18 foc {_inho_tre_loyet ae anne a Sa Sat 525) bate eae a inks. 3 a dusting ota pt_expeoion C=tS, wet hue [C= jane saul pind bor 5.00§ 49 buy, 5 soft din an Aa bags of cigs.3) ux" “yet nsy Os oe as Bly soto fs as x= PE 3 Muy aa fy-=$0______ T= Py- -y 450 = 1SX + 504 b) _Ophirnal_combination HUx = Px \ Muy Py 1 = Me: 2 Bb - : a 50 ral 004° _ 50x°* a x 4004 = $0 x é —fi= 4 =4xn Se eae a. os [et pigsty Sa sot cns eae ee Sic ee = At plaue_Y= {x tnbo_fre_ budget ne Lxpeomion 50 rat: 750 = 15x + 50(4 3)3 reer el After_vabontay os a cae es Er is ce ad Y=2 _ FSO = 5X4 SOY _______ te est X= 40. nto oudget exper onion: — 50 = 15(40) + soy $002 $0) ye s v= W995)" = UtU3 panes vty itn toe veshishon iy. Se ae vey wim [xed | Pee He ie ta AN Fae ot eRe Oem RAGA say a ve °F (40) = bo The atoning ceoulls in a_ubliky loo of 2.43. utils Arr Janice, —__