Which of the Following Utility Functions Is an Example of Quasi-Linear

question 50

Multiple Choice

Which of the following utility functions is an example of Quasi-linear preferences?

• A) \(U ( x , y ) = y \sqrt { x }\)
• B) \(U ( x , y ) = \min \{ 2 x , y \}\)
• C) \(U ( x , y ) = 3 x + 5 y\)
• D) \(U ( x , y ) = 2 x ^ { 2 } + 4 y\)

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Definitions:

Biased

Showing an unfair preference or prejudice for or against something or someone.

Suspend Belief

Temporarily accepting something as true or possible, even if it seems unlikely, often used in the context of fiction.

Conflicts

Situations where incompatible interests, beliefs, or actions lead to opposition between two or more parties.

Suspicious

Having or showing a cautious distrust of someone or something.