Suppose that MRS_x,y= 10.
A) The consumer is willing to substitute 10 units of Suppose that MRSx,y = 10. A) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. B) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. C) Regardless of prices, the consumer will consume only . D) Regardless of prices, the consumer will consume only .

Suppose that MRS<sub>x,y </sub>= 10. A) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. B) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. C) Regardless of prices, the consumer will consume only . D) Regardless of prices, the consumer will consume only .

for 1 unit of Suppose that MRSx,y = 10. A) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. B) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. C) Regardless of prices, the consumer will consume only . D) Regardless of prices, the consumer will consume only .

to leave utility unchanged.
B) The consumer is willing to substitute 10 units of Suppose that MRSx,y = 10. A) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. B) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. C) Regardless of prices, the consumer will consume only . D) Regardless of prices, the consumer will consume only .

to leave utility unchanged.
C) Regardless of prices, the consumer will consume only Suppose that MRSx,y = 10. A) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. B) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. C) Regardless of prices, the consumer will consume only . D) Regardless of prices, the consumer will consume only .

.
D) Regardless of prices, the consumer will consume only Suppose that MRSx,y = 10. A) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. B) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged. C) Regardless of prices, the consumer will consume only . D) Regardless of prices, the consumer will consume only .

Consider the Utility Function U = Min (5x,7y)

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