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    Macroeconomics Study Set 30
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    Exam 16: Consumption
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    If We Use a Logarithmic Utility Function, the Marginal Utility\(c ^ { a }\)
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If We Use a Logarithmic Utility Function, the Marginal Utility cac ^ { a }ca

Question 40

Question 40

Multiple Choice

If we use a logarithmic utility function, the marginal utility of consumption is:


A) equal to c
B) equal to cac ^ { a }ca
C) equal to aca−1a c ^ { a - 1 }aca−1
D) one
E) (1/c)

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