Examlex

Solved

Benoit's Preferences Are Given by the Utility Function U(x,y)= 10x

question 18

Multiple Choice

Benoit's preferences are given by the utility function U(x,y) = 10x + 5y. He consumes 10 units of good x and 9 units of good y. If he consumes only one unit of x, how many units of y must he consume in order to be as well off as before?


Definitions:

Institutional Discrimination

The unjust and discriminatory mistreatment of an individual or group by society and its institutions, either overtly or covertly.

Individual Discrimination

Prejudice or discriminatory actions carried out by an individual or small group directly towards another person or group based on race, sex, age, or other characteristics.

Difference

In sociology, difference often refers to the distinction or disparity between social groups based on attributes like race, gender, class, or ethnicity.

Color-Blind Racism

A form of racism that ignores racial diversity and promotes the view that all individuals are treated equally, disregarding systemic and historical inequalities.

Related Questions