Mac's Utility Function Is U(x, Y)=max{2x - Y, 2y -

Multiple Choice

Mac's utility function is U(x, y) =max{2x - y, 2y - x}.

A) Mac's preferences are quasilinear.
B) If Mac has more x than y, any increase in his consumption of y would lower his utility.
C) If Mac has more x than y, a decrease in his consumption of y would raise his utility.
D) Mac always prefers more of each good to less.
E) Goods x and y are perfect substitutes.