Suppose the Consumer's Utility Function Is Given by U(x,y) =

question 41

Multiple Choice

Suppose the consumer's utility function is given by U(x,y) = xy + y where MU_x = y MU_y = x+1
The equation for this consumer's demand curve for when I > P_x is

• A) x^d = 0
• B) x^d =
• C) x^d = -
• D) x^d = 1/2

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