In Problem 2, Clara's Utility Function Is U(X, Y) =

question 27

Multiple Choice

In Problem 2, Clara's utility function is U(X, Y) = (X + 2) (Y + 1) . If Clara's marginal rate of substitution is -2 and she is consuming 10 units of good X, how many units of good Y is she consuming?

• A) 2
• B) 24
• C) 12
• D) 23
• E) 5

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Definitions:

Body Fat

A component of the human body that consists of stored lipids, serving both as an energy reserve and a means of insulation and protection for bodily organs.

Postconventional Level

In Kohlberg's theory, a stage of moral development in which judgments are based on abstract principles and the value of all life.

Moral Reasoning

The process through which individuals make decisions about what is right and wrong, often based on ethical principles, social norms, or personal values.

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The enlargement of breast tissue in males, often due to hormonal imbalances.