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Which of the Following Utility Functions Best Represents the Idea U(x,y)=xyU ( x , y ) = \sqrt { x y }

Question 3

Multiple Choice

Which of the following utility functions best represents the idea that two goods,x and y,are perfect complements?


A) U(x,y) =xyU ( x , y ) = \sqrt { x y }
B) U(x,y) = x + y.
C) U(x,y) =xyU ( x , y ) = | x - y | .
D) U(x,y) = min (x,y) .

Correct Answer:

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