menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Theory Study Set 1
  4. Exam
    Exam 3: A Consumers Constrained Choice
  5. Question
    Sarah Has the Utility Function U(X,Y)= X<sup>
Solved

Sarah Has the Utility Function U(X,Y)= X

Question 8

Question 8

Multiple Choice

Sarah has the utility function U(X,Y) = X.5Y.25.When Sarah consumes X = 2 and Y = 6 she has a marginal rate of substitution of


A) -12.
B) -1/6.
C) -6.
D) -1/12.

Correct Answer:

verifed

Verified

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

Related Questions

Q3: If Johnny likes homework (H)but hates exercise

Q4: The rate at which a consumer must

Q5: Compute the MRS for the following utility

Q7: If Fred's marginal rate of substitution of

Q9: If prices of both horizontal and vertical

Q12: Lisa views pizzas and burritos as goods.If

Q13: The assumption of completeness means that<br>A)the consumer

Q14: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated

Q64: Suppose Joe's utility for lobster (L)and soda

Q120: If the consumer's income increases while the

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