Each day Paul, who is in third grade, eats lunch at school. He likes only Twinkies (t) and soda (5), and these provide him autility ofutility = U(t, s) = Jr}.a. If Twinkies cost $0.10 each and soda costs $0.25 per cup. how should Paul spend the 51 his mother gives him tomaximize his utilitY?b. Ifthe school tries to discourage Twinkie consumption by increasing the price to $0.40. by how much will Paul‘s motherhave to increase his lunch allowance to provide him with the same level of utility he received in part (a)?

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.

the answer is a. $209,000

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.