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    Exam 3: A Consumers Constrained Choice
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    If Johnny Likes Homework (H)but Hates Exercise (E),which of the Following
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If Johnny Likes Homework (H)but Hates Exercise (E),which of the Following

Question 3

Question 3

Multiple Choice

If Johnny likes homework (H) but hates exercise (E) ,which of the following might best represent his utility function for homework and exercise?


A) U = H + E
B) U = H/E
C) U = H2 + If Johnny likes homework (H) but hates exercise (E) ,which of the following might best represent his utility function for homework and exercise? A) U = H + E B) U = H/E C) U = H<sup>2</sup> +   D) U = H<sup>2</sup> ×
D) U = H2 × If Johnny likes homework (H) but hates exercise (E) ,which of the following might best represent his utility function for homework and exercise? A) U = H + E B) U = H/E C) U = H<sup>2</sup> +   D) U = H<sup>2</sup> ×

Correct Answer:

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