Question

2. Consider the following utility functions over airpods and ramen. H (R, A) = AR20 Z...

2. Consider the following utility functions over airpods and ramen.

H (R, A) = AR20

Z (R, A) = 1000A + R

I (R, A) = 125A + 25 ln R

D (R, A) = ln A + 20 ln R

The price of airpods is $160, the price of ramen is $.50, and you have $200 in income. Four which of the four utility functions will you obtain identical demand for airpods and ramen when subjected to budget constraint described by the prices and income given in the first sentence?

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