Sheila Has Preferences Represented by the Utility Function U (X

question 101

Multiple Choice

Sheila has preferences represented by the utility function U (x, y) = 8x + 4y. She consumes 12 units of good x and 3 units of good y. If her consumption of good x is lowered to 10, how many units of y must she have in order to be exactly as well off as before?

• A)10 units of good y
• B)5 units of good y
• C)12 units of good y
• D)7 units of good y

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Definitions:

High-Intensity Exercise

Physical activity performed with a high level of effort or intensity, typically characterized by an increased heart rate and rapid breathing.

Aerobic

Pertaining to activities or exercises that improve oxygen consumption by the body, enhancing cardiovascular conditioning.

Tennis Singles

A form of tennis where each side of the match consists of one player, focusing more on stamina and strategy compared to doubles play.

Stroke Volume

The amount of blood pumped by the left ventricle of the heart in one contraction.