Carl Has the Utility Function U(x,y)= X² + Y

question 41

Multiple Choice

Carl has the utility function U(x,y) = x² + y. He consumes 4 units of x and 10 units of y. If both goods are normal goods and if the price of x increases, then:

• A)Carl will reduce his consumption of x to zero.
• B)Carl will consume more x.
• C)Carl will reduce his consumption of x to a positive amount.
• D)Carl will consume the same amount of x.

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Definitions:

Neural Hub

A central point in the brain where different neural pathways connect, integrating and processing information.

Frontal Lobes

Regions of the brain involved in decision making, problem-solving, and controlling behavior and emotions.

Major Depressive Disorder

A mental health disorder characterized by persistent feelings of sadness, loss of interest in activities, and other symptoms that impair daily functioning.

RTMS

Repetitive Transcranial Magnetic Stimulation, a non-invasive procedure that uses magnetic fields to stimulate nerve cells in the brain, often used to treat depression.