Solved

Concern the CES Utility Function

Question 8

Multiple Choice

concern the CES utility function: concern the CES utility function: -For this utility function,marginal utilities are:​ A) ​negative for B) ​diminishing only for C) ​increasing for D) ​always positive.
-For this utility function,marginal utilities are:​


A) ​negative for concern the CES utility function: -For this utility function,marginal utilities are:​ A) ​negative for B) ​diminishing only for C) ​increasing for D) ​always positive.
B) ​diminishing only for concern the CES utility function: -For this utility function,marginal utilities are:​ A) ​negative for B) ​diminishing only for C) ​increasing for D) ​always positive.
C) ​increasing for concern the CES utility function: -For this utility function,marginal utilities are:​ A) ​negative for B) ​diminishing only for C) ​increasing for D) ​always positive.
D) ​always positive.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: Which of the following utility functions would

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

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"

Q12: If utility is given by <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5166/.jpg"

Q13: refer to an individual whose utility function