Consider the Utility Function $\mathrm { U } = 5 \mathrm { x } + 3 \mathrm { y } 2 , \text { which has } \mathrm { MUx } = 5 \text { and } \mathrm { MUy } = 6 \mathrm { y }$

question 27

Multiple Choice

Consider the utility function $\mathrm { U } = 5 \mathrm { x } + 3 \mathrm { y } 2 , \text { which has } \mathrm { MUx } = 5 \text { and } \mathrm { MUy } = 6 \mathrm { y }$ . The indifference curves for this utility functionL

• A)will be straight lines.
• B)will have the same as increases holding constant.
• C)will have the same as increases holding constant
• D)will have a diminishing marginal rate of substitution as the consumer substitutes for

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