Solved

Frieda Enjoys Cooking and Baking

Question 40

Multiple Choice

Frieda enjoys cooking and baking.Her utility function is U(C,B) = 6C + 3B,where C is the number of hours she spends cooking and B is the hours she spends baking.What is Frieda's MU of cooking?


A) 1/6
B) 2
C) 6
D) Cannot be determined from the given information

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q25: Suppose a consumer's MRS is given by

Q35: Which of the following is NOT a

Q36: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1639/.jpg" alt=" -Refer to Figure

Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1639/.jpg" alt=" -Refer to Figure

Q39: By itself,the marginal utility of a particular

Q41: A marginal rate of substitution formula tells

Q43: From the modern "ordinalist" perspective,the scale used

Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1639/.jpg" alt=" -Refer to Figure

Q45: Using a carefully-labeled graph,explain the concept of

Q53: Consider two activities: Attending economics class and