Multiple Choice
Henry's utility function is x2 + 16xw + 64w2, where x is his consumption of x and w is his consumption of w.
A) Henry's preferences are nonconvex.
B) Henry's indifference curves are straight lines.
C) Henry has a bliss point.
D) Henry's indifference curves are hyperbolas.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Harry Mazzola has the utility function U(x<sub>1</sub>,
Q8: A person with the utility function U(x,
Q9: Charles's utility function is U(x, y)= xy.Anne's
Q10: Doreen has preferences represented by the utility
Q11: Harmon's utility function is U(x<sub>1</sub>, x<sub>2</sub>)= x<sub>1</sub>x<sub>2</sub>.His
Q13: Charlie has the utility function U(x<sub>A</sub>, x<sub>B</sub>)=
Q14: Jim's utility function is U(x, y)= xy.Jerry's
Q15: Maximilian consumes two goods, x and y.His
Q16: Josephine's utility function is U(x, y)= y
Q17: Joe Bob's cousin Leonard consumes goods 1