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    Mathematical Applications Study Set 1
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    Exam 15: Functions of Two or More Variables
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    Suppose That the Utility Function for Two Commodities Is Given
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Suppose That the Utility Function for Two Commodities Is Given

Question 105

Question 105

Multiple Choice

Suppose that the utility function for two commodities is given by Suppose that the utility function for two commodities is given by   and that the budget constraint is   . What values of x and y will maximize utility? ​ A) ​   B) ​   C) ​   D) ​   E) ​  and that the budget constraint is Suppose that the utility function for two commodities is given by   and that the budget constraint is   . What values of x and y will maximize utility? ​ A) ​   B) ​   C) ​   D) ​   E) ​  . What values of x and y will maximize utility? ​


A) ​ Suppose that the utility function for two commodities is given by   and that the budget constraint is   . What values of x and y will maximize utility? ​ A) ​   B) ​   C) ​   D) ​   E) ​
B) ​ Suppose that the utility function for two commodities is given by   and that the budget constraint is   . What values of x and y will maximize utility? ​ A) ​   B) ​   C) ​   D) ​   E) ​
C) ​ Suppose that the utility function for two commodities is given by   and that the budget constraint is   . What values of x and y will maximize utility? ​ A) ​   B) ​   C) ​   D) ​   E) ​
D) ​ Suppose that the utility function for two commodities is given by   and that the budget constraint is   . What values of x and y will maximize utility? ​ A) ​   B) ​   C) ​   D) ​   E) ​
E) ​ Suppose that the utility function for two commodities is given by   and that the budget constraint is   . What values of x and y will maximize utility? ​ A) ​   B) ​   C) ​   D) ​   E) ​

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