Multiple Choice
If the utility function (U) between food (F) and clothing (C) can be represented as U = ,holding the consumption of clothing fixed,the utility will
A) increase at an increasing speed when more food is consumed.
B) increase at an decreasing speed when more food is consumed.
C) increase at an constant speed when more food is consumed.
D) remain the same.
Correct Answer:

Verified
Correct Answer:
Verified
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