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Consider the Utility Function U=min(5x,7y)\mathrm { U } = \min ( 5 \mathrm { x } , 7 \mathrm { y } )

Question 80

Multiple Choice

Consider the utility function U=min(5x,7y) \mathrm { U } = \min ( 5 \mathrm { x } , 7 \mathrm { y } ) .To increase satisfaction the consumer must consume


A) at least 5 units more of
B) at least 7 units more of y
C) more of both x and y
D) more of either x or y

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