Given the Utility Function U(x,y)= X² + Y, Which of the Following

question 49

Multiple Choice

Given the utility function U(x,y) = x² + y, which of the following preference statements is true?

• A)(2,3)is preferred to (3,2)
• B)(2,1)is indifferent to (1,4)
• C)(2,1)is indifferent to (1,3)
• D)(2,1)is preferred to (1,2)

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