menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Microeconomics Study Set 1
  4. Exam
    Exam 5: Demand-Part A
  5. Question
    Darlene's Utility Function Is U(x, Y, Z)= X<sup>3</sup>y<sup>7</sup>z
Solved

Darlene's Utility Function Is U(x, Y, Z)= X3y7z

Question 1

Question 1

True/False

Darlene's utility function is U(x, y, z)= x3y7z.If her income doubles and prices remain unchanged, her demand for good y will more than double.

Correct Answer:

verifed

Verified

Related Questions

Q2: An inferior good is less durable than

Q3: Where x is the quantity of good

Q4: Donald's utility function is U(x, y)= x

Q5: If preferences are homothetic, then the slope

Q6: Georgina consumes only grapefruits and pineapples.Her utility

Q7: Quasilinear preferences are homothetic when the optimal

Q8: Prudence was maximizing her utility subject to

Q9: Ambrose's brother Sebastian has a utility function

Q10: Let w be the number of whips

Q11: Briefly explain in a sentence or two

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines