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4: Try it out (1) Utility Maximisation

Alter the number of packets of crisps bought and press return (or click on "calculate") to see the results. Your aim is to find the number which gives the highest total utility. These numbers are calculated using the equations on the previous page. Use sensible numbers (from 0 to 10), otherwise you will get an error.


Packets of crisps bought


 
Money spent on crisps
Money available for nachos
Packets of nachos bought
Utility from nachos
Utility from crisps
Total utility
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