Assume That a Person Has a Quasi-Linear Utility Function of the Form

question 7

Multiple Choice

assume that a person has a quasi-linear utility function of the form
-If this person starts from a utility maximizing position,an increase in income will cause:​

• A)​more of both goods to be bought.
• B)​more of only good y to be bought.
• C)​more of only good x to be bought.
• D)​more x and less y to be bought.

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