Given the Expression $\min ( \mathrm { x } , \mathrm { y } )$

question 50

Multiple Choice

Given the expression $\min ( \mathrm { x } , \mathrm { y } )$ expenditure $P _ { x } x + P _ { y } y$ subject to: $\mathrm { U } ( x , y ) = \mathrm { U } ^ { * }$ , the endogenous variables are:

• A) \(x\) and \(P _ { x }\).
• B) only \(\mathrm { U } ^ { * }\).
• C) \(x\) and \(y\).
• D) \(P _ { x }\) and \(P _ { y }\).

---

Definitions:

Banking Center

An integrated feature in accounting software that allows users to manage their bank accounts and transactions.

Layout Designer

A tool or professional specializing in arranging or structuring the visual elements of a document, website, or product.

Invoice

A document issued by a seller to a buyer that details the products or services sold, quantities, prices, and payment terms.

Accrual Basis

A financial recording technique that registers earnings and expenditures as they are accrued, irrespective of the actual timing of cash receipts or payments.