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
    Jane Has the Utility Function U = F<sup>0
Solved

Jane Has the Utility Function U = F0

Question 103

Question 103

Multiple Choice

Jane has the utility function U = F0.5 C0.5,then her expenditure function would be


A) E = 2 PF0.5 PC0.5.
B) E = 0.5 Jane has the utility function U = F<sup>0.5</sup> C<sup>0.5</sup>,then her expenditure function would be A) E = 2 P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>. B) E = 0.5   F<sup>0.5</sup> C<sup>0.5</sup><sub>.</sub> C) E = 0.5   P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>. D) E = 2   P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>.
F0.5 C0.5.
C) E = 0.5 Jane has the utility function U = F<sup>0.5</sup> C<sup>0.5</sup>,then her expenditure function would be A) E = 2 P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>. B) E = 0.5   F<sup>0.5</sup> C<sup>0.5</sup><sub>.</sub> C) E = 0.5   P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>. D) E = 2   P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>.
PF0.5 PC0.5.
D) E = 2 Jane has the utility function U = F<sup>0.5</sup> C<sup>0.5</sup>,then her expenditure function would be A) E = 2 P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>. B) E = 0.5   F<sup>0.5</sup> C<sup>0.5</sup><sub>.</sub> C) E = 0.5   P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>. D) E = 2   P<sub>F</sub><sup>0.5</sup> P<sub>C</sub><sup>0.5</sup>.
PF0.5 PC0.5.

Correct Answer:

verifed

Verified

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

Related Questions

Q41: Indifference curves on the same indifference map

Q43: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Joe's indifference map

Q98: All of the following utility functions rank

Q99: The marginal rate of transformation of y

Q100: Johnny has allocated $30 toward coffee and

Q101: If two bundles are on the same

Q104: A friend whom you are studying with

Q105: Lisa has an income of $100.She spends

Q106: There is an indifference curve through every

Q108: Joe consumes crawfish and shrimp.His utility function

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