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    Business
  3. Study Set
    Microeconomic Theory Basic
  4. Exam
    Exam 1: Preferences and Utility
  5. Question
    If Utility Is Given By\(U ( x , y ) = \sqrt { x y }\)
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If Utility Is Given By U(x,y)=xyU ( x , y ) = \sqrt { x y }U(x,y)=xy​

Question 12

Question 12

Multiple Choice

If utility is given by U(x,y) =xyU ( x , y ) = \sqrt { x y }U(x,y) =xy​ ,then the person's MRS at the point x = 5,y = 2 is given by


A) 0.4.
B) 1.0.
C) 2.5.
D) 5.0.

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