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:

Verified
Correct Answer:
Verified
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