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Consider the Utility Function U = 5x +3y2,which Has MUx

Question 48

Multiple Choice

Consider the utility function U = 5x +3y2,which has MUx = 5 and MUy = 6y.The indifference curves for this utility function


A) will be straight lines.
B) will have the same Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . as Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . increases holding Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . constant.
C) will have the same Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . as Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . increases holding Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . constant.
D) will have a diminishing marginal rate of substitution as the consumer substitutes Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . for Consider the utility function U = 5x +3y<sup>2</sup>,which has MU<sub>x</sub> = 5 and MU<sub>y</sub> = 6y.The indifference curves for this utility function A) will be straight lines. B) will have the same as increases holding constant. C) will have the same as increases holding constant. D) will have a diminishing marginal rate of substitution as the consumer substitutes for . .

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