Isabel and Justin are buying flowers for their wedding recep…
Isabel and Justin are buying flowers for their wedding reception. Justin trusts Isabel’s decorating decisions, so he is letting her decide what flowers to buy. Suppose Isabel has the following utility function for roses () and peonies (): . Isabel has a flower budget of $600, the price of a rose is $1, and the price of a peony is $2. Solve for Isabel’s optimal bundle of roses and peonies. Round your answer to the nearest whole number.
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