Morris Has the Utility Function U(b, W) = 3b

question 5

Multiple Choice

Morris has the utility function U(b, w) = 3b + 3w and Philip has the utility function U(b, w) = bw, where b is the number of books consumed per month and w is bottles of wine consumed per month. If we draw an Edgeworth box with books on the horizontal axis and wine on the vertical axis and if we measure Morris's consumptions from the lower left corner of the box, then the contract curve contains

• A) a straight line running from the upper right corner of the box to the lower left.
• B) a curve that gets steeper as you move from left to right.
• C) a straight line with slopepassing through the lower left corner of the box.
• D) a straight line with slopepassing through the upper right corner of the box.
• E) a curve that gets flatter as you move from left to right.

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Definitions:

Adult Motives

The underlying psychological forces that drive behaviors and decisions in grown individuals.

Parent/Child Relationships

The dynamic and interaction between a parent and their child, which can influence the child's development, behavior, and emotional well-being.

Functional Autonomy

A concept in psychology that suggests certain behaviors might originate from past motivations but continue independently of those original reasons due to new motivations.

Adult Motivation

The reasons or incentives that drive behavior and decision-making in adults, often influenced by personal goals, needs, and desires.