Find a low income family’s optimal consumption basket when its income is a $330
payment, plus a $150 voucher redeemable for housing. What level of utility does the family
experience in this case?
and
In you discussion you should explain the significance of your analysis section findings in
the context of the scenario. In this section you must address all the issues raised in the
scenario. Be sure to base your discussion on the results in your analysis section and avoid
assertions or speculation. Use economic terminology as appropriate. The discussion has
a 400 word limit.
P.s ( I’ve already did most of my calculations, just that im stuck whether $150 is consider x = 1 since Px = price of housing is $150 or it doesnt count and i will still need to use my calculated x ) then i will be able to find the utlity level with the fomulae)