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    Microeconomics Study Set 46
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    Exam 4: Consumer Behavior
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    A Graph of the Utility Function U = 4Y
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A Graph of the Utility Function U = 4Y

Question 28

Question 28

Multiple Choice

A graph of the utility function U = 4Y + X would reveal that goods X and Y are:


A) perfect substitutes.
B) near substitutes.
C) perfect complements.
D) near complements.

Correct Answer:

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