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 as y increases holding x constant.
C) will have the same as x increases holding y constant.
D) will have a diminishing marginal rate of substitution as the consumer substitutes x for y .
Correct Answer:

Verified
Correct Answer:
Verified
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