For the Utility Function U(X,Y) = 6X + Y⁰

question 64

Multiple Choice

For the utility function U(X,Y) = 6X + Y^0.5, the marginal utility of Y is:

• A) 6X + 0.5Y^-0.5.
• B) 6 + 0.5Y^-0.5.
• C) Y^-0.5.
• D) 0.5Y^-0.5.