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Suppose That a Consumer Has Utility Function U(x,y)\mathrm { U } ( \mathrm { x } , \mathrm { y } )

Question 83

Multiple Choice

Suppose that a consumer has utility function U(x,y) \mathrm { U } ( \mathrm { x } , \mathrm { y } ) with MUx=5y2x\mathrm { MUx } = 5 \mathrm { y } 2 \mathrm { x } and MUy=2x2y\mathrm { MUy } = 2 \mathrm { x } 2 \mathrm { y } . What is the marginal rate of substitution?


A) 10y3x310 \mathrm { y } 3 \mathrm { x } 3
B) 2x/5y2 \mathrm { x } / 5 \mathrm { y }
C) 5y/2x5 y / 2 x
D) 5y2x25 \mathrm { y } 2 \mathrm { x } 2

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