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List of top Microeconomics Questions on Consumer behaviour asked in GATE XH-C1

Trisha’s consumption preference on biryani \( (x) \) and pudding \( (y) \) is given by the utility function \( U(x, y) = x + 4y \). The price per unit of biryani is ₹2 and the price per unit of pudding is ₹3. Trisha’s total income is ₹120. However, she faces an extra quantity constraint as she is not allowed to consume biryani more than 60 units and pudding more than 30 units. The optimum quantity of biryani and pudding consumed by Trisha is
  • GATE XH-C1 - 2021
  • GATE XH-C1
  • Microeconomics
  • Consumer behaviour