If the Utility Function (U)between Food (F)and Clothing (C)can Be

question 33

Multiple Choice

If the utility function (U) between food (F) and clothing (C) can be represented as U = ,the marginal rate of substitution of clothing for food equals

• A) -C/F.
• B) -F/C.
• C) -
• D) -

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Definitions:

Organic Nitrogen Compounds

Chemical compounds that contain carbon and nitrogen, playing various roles in the metabolism of living organisms.

Rain Shadow

An area that has very little precipitation, found on the downwind side of a mountain range. Deserts often occur in rain shadows.

Windward Side

The side of a mountain or island that faces the direction from which the wind is coming, often receiving more rainfall.

Temperate Regions

Areas of the Earth characterized by moderate temperatures, neither extremely hot nor cold.