menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomic Theory Basic
  4. Exam
    Exam 1: Preferences and Utility
  5. Question
    Which of the Following Utility Functions Would Not Be Consistent
Solved

Which of the Following Utility Functions Would Not Be Consistent

Question 3

Question 3

Multiple Choice

Which of the following utility functions would not be consistent with the notion that x and y are both "goods" with positive marginal utilities?


A) Which of the following utility functions would not be consistent with the notion that x and y are both  goods  with positive marginal utilities? A)    B)    C)    D)
B) Which of the following utility functions would not be consistent with the notion that x and y are both  goods  with positive marginal utilities? A)    B)    C)    D)
C) Which of the following utility functions would not be consistent with the notion that x and y are both  goods  with positive marginal utilities? A)    B)    C)    D)
D) Which of the following utility functions would not be consistent with the notion that x and y are both  goods  with positive marginal utilities? A)    B)    C)    D)

Correct Answer:

verifed

Verified

Related Questions

Q2: Indifference curves:<br>A)may sometimes intersect.<br>B)are contour lines only

Q4: refer to an individual whose utility function

Q5: If an individual's utility function is quasi-concave,his

Q6: Which of the following utility functions best

Q7: For an individual who consumes only two

Q8: concern the CES utility function: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5166/.jpg"

Q9: Which of these utility functions represent the

Q10: concern the CES utility function: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5166/.jpg"

Q11: If utility is given by <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5166/.jpg"

Q21: If bundles of goods A and B

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines