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Consider the Utility Function U=5x+3y2\mathrm { U } = 5 \mathrm { x } + 3 \mathrm { y } 2

Question 20

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Consider the utility function U=5x+3y2\mathrm { U } = 5 \mathrm { x } + 3 \mathrm { y } 2 , which has MUx=5\mathrm { MUx } = 5 and MUy=6y\mathrm { MUy } = 6 \mathrm { y } . The indifference curves for this utility function:


A) will have a diminishing marginal rate of substitution of for as x increases.
B) will have a constant marginal rate of substitution of for as x increases.
C) will have an increasing marginal rate of substitution of for as x increases.
D) will be straight lines.

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