Ambrose's utility is U(x₁, x₂) == 4x^1/2₁ + x₂.If the price of nuts (good 1) is $1, the price of berries (good 2) is $4, and his income is $132, how many units of nuts will Ambrose choose?

A) 64
B) 17
C) 128
D) 67
E) 32

Utility Function

A mathematical representation of how a consumer derives satisfaction from consuming goods and services, depending on the quantity consumed.

Budget Constraint

Represents the combinations of goods and services a consumer can purchase given their income and the prices of those goods and services.

Income

The financial return or earnings, including wages, salaries, benefits, and investment returns, received by an individual or household over a period of time.