In Problem 13, Where X Is Whips and Y Is

question 20

Multiple Choice

In Problem 13, where x is whips and y is leather jackets, if Kinko's utility function were U(x, y) = min{ 5x, 3x + 6y}, then if the price of whips were $20 and the price of leather jackets were $20, Kinko would demand

• A) 3 times as many whips as leather jackets.
• B) 4 times as many leather jackets as whips.
• C) 2 times as many leather jackets as whips.
• D) 5 times as many whips as leather jackets.
• E) only leather jackets.

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Definitions:

Moral Decisions

Choices made by individuals that involve considerations of right and wrong or ethical principles.

Internalized Homophobia

The acceptance by LGBT individuals of negative societal attitudes or prejudices against homosexuality, leading to self-hatred or denial of one's sexual orientation.

Religious Family

A family that adheres to and practices specific religious beliefs and rituals, often passing these traditions to the next generation.

Sexually Healthy

Pertaining to a state where an individual has a positive and respectful approach to sexuality and sexual relationships, free from disease and coercion.