Given the Utility Function U(x₁,x₂)= X₁ + 2x₂, the Marginal

question 46

Multiple Choice

Given the utility function U(x₁,x₂) = x₁ + 2x₂, the marginal rate of substitution (MRS) is:

• A)equal to 1/2.
• B)undefined.
• C)equal to 2.
• D)zero.

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Definitions:

Erect Posture

A way of holding the body upright and straight, often associated with confidence and attentiveness.

Podium

A small platform used to elevate a person, typically during public speaking events or presentations, to enhance visibility.

Naturally Poised

Exhibiting a calm and confident manner without effort.

Posture Change

The act of altering the position of one's body, often to improve comfort or avoid health issues related to prolonged static positions.