Evaluate the Polynomial $x ^ { 2 } + 2 y ^ { 2 } - 3 x y$

question 224

Multiple Choice

Evaluate the polynomial.
- $x ^ { 2 } + 2 y ^ { 2 } - 3 x y$ for $x = 2$ and $y = 3$

• A) 40
• B) 22
• C) \(- 14\)
• D) 4

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Definitions:

Rational Consumer

An economic concept describing an individual who makes choices that maximize their utility or benefit, based on their preferences and constraints.

Utility Function

A mathematical representation used in economics to model the preference or satisfaction a consumer derives from consuming goods and services.

Substitution Effect

The change in consumption patterns due to a change in relative prices, leading consumers to substitute one good for another.

Income Effect

The change in an individual's or market's consumption resulting from a change in real income.