Mary Problem Set
Mary’s utility function is U(b, c) = b + 100c − c
2
, where b is the number of silver
bells in her garden and c is the number of cockle shells. She has 500 square feet in her
garden to allocate between silver bells and cockle shells. Silver bells each take up 1
square foot and cockle shells each take up 4 square feet. She gets both kinds of seeds
for free.
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