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Jane's Utility Function Is Represented As: U = F0

Question 44

Multiple Choice

Jane's utility function is represented as: U = F0.5 C0.5,F is quantity of food and C is quantity of clothing.If her budget constraint is represented as: 120 = 2F + C,her optimal bundle of consumption should be


A) (40F,40C) .
B) (20F,60C) .
C) (50F,50C) .
D) (45F,20C) .

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