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Suppose the Consumer's Utility Function Is Given by U(x,y) =

Question 41

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Suppose the consumer's utility function is given by U(x,y) = xy + y where MUx = y MUy = x+1
The equation for this consumer's demand curve for Suppose the consumer's utility function is given by U(x,y) = xy + y where MU<sub>x</sub> = y MU<sub>y</sub> = x+1 The equation for this consumer's demand curve for when I > P<sub>x</sub> is A) x<sup>d</sup> = 0 B) x<sup>d</sup> = C) x<sup>d</sup> = - D) x<sup>d</sup> = 1/2 when I > Px is


A) xd = 0
B) xd = Suppose the consumer's utility function is given by U(x,y) = xy + y where MU<sub>x</sub> = y MU<sub>y</sub> = x+1 The equation for this consumer's demand curve for when I > P<sub>x</sub> is A) x<sup>d</sup> = 0 B) x<sup>d</sup> = C) x<sup>d</sup> = - D) x<sup>d</sup> = 1/2
C) xd = Suppose the consumer's utility function is given by U(x,y) = xy + y where MU<sub>x</sub> = y MU<sub>y</sub> = x+1 The equation for this consumer's demand curve for when I > P<sub>x</sub> is A) x<sup>d</sup> = 0 B) x<sup>d</sup> = C) x<sup>d</sup> = - D) x<sup>d</sup> = 1/2 - Suppose the consumer's utility function is given by U(x,y) = xy + y where MU<sub>x</sub> = y MU<sub>y</sub> = x+1 The equation for this consumer's demand curve for when I > P<sub>x</sub> is A) x<sup>d</sup> = 0 B) x<sup>d</sup> = C) x<sup>d</sup> = - D) x<sup>d</sup> = 1/2
D) xd = 1/2

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