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  3. Study Set
    Microeconomic Theory Basic
  4. Exam
    Exam 2: Utility Maximization and Choice
  5. Question
    Assume That a Person Has a Quasi-Linear Utility Function of the Form
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Assume That a Person Has a Quasi-Linear Utility Function of the Form

Question 2

Question 2

Multiple Choice

assume that a person has a quasi-linear utility function of the form assume that a person has a quasi-linear utility function of the form   -​If   ,what is the utility maximizing commodity bundle? A) ​(8,1)  B) ​(2,4)  C) ​(1,4.5)  D) ​(5,2.5)
-​If assume that a person has a quasi-linear utility function of the form   -​If   ,what is the utility maximizing commodity bundle? A) ​(8,1)  B) ​(2,4)  C) ​(1,4.5)  D) ​(5,2.5)
,what is the utility maximizing commodity bundle?


A) ​(8,1)
B) ​(2,4)
C) ​(1,4.5)
D) ​(5,2.5)

Correct Answer:

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