Darius's Utility Function Is U = 6XY, Where the MU_X

question 69

Essay

Darius's utility function is U = 6XY, where the MU_X = 6Y and MU_Y = 6X. The prices of good X and good Y are $12 and $15, respectively. Suppose that Darius's indifference curve is tangent to his budget constraint, where he is consuming 20 units of good X. How many units of good Y must Darius be consuming?

---

Definitions:

Personal Story

An individual's narrative or testimony about their experiences, beliefs, or values.

Narrative

A spoken or written account of connected events; a story or the practice of storytelling.

Blood Pressure

The force of circulating blood on the walls of blood vessels, measured in millimeters of mercury (mmHg) and expressed as systolic over diastolic pressure.

Startling

Startling refers to the sudden, involuntary reaction to unexpected stimuli, often characterized by quick physical movements or emotional responses.