Clarissa's Utility Function Is U(r, Z) = Z + 120r

question 15

Multiple Choice

Clarissa's utility function is U(r, z) = z + 120r - r², where r is the number of rose plants she has in her garden and z is the number of zinnias. She has 250 square feet to allocate to roses and zinnias. Roses each take up 4 square feet and zinnias each take up 1 square foot. She gets the plants for free from a generous friend. If she acquires another 100 square feet of land for her garden and her utility function remains unchanged, she will plant

• A) 99 more zinnias and some more roses.
• B) 20 more roses and 20 more zinnias.
• C) 25 more roses and no more zinnias.
• D) 100 more zinnias and no more roses.
• E) None of the above.

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Definitions:

Fixing the Problem

Fixing the problem involves identifying, analyzing, and resolving an issue or malfunction to restore the normal or desired operation of a system or relationship.

Superior

Higher in status, quality, or rank; often refers to products, services, or positions that are considered to be better than others.

PAIBOC Questions

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