Consider the Utility Function U = 5x +3y², Which Has $M R S_{x, y}$

question 24

Multiple Choice

Consider the utility function U = 5x +3y², which has MU_x = 5 and MU_y = 6y. The indifference curves for this utility function

• A) will be straight lines.
• B) will have the same \( M R S_{x, y} \) as y increases holding x constant.
• C) will have the same \( M R S_{x, y} \) as x increases holding y constant.
• D) will have a diminishing marginal rate of substitution as the consumer substitutes x for y .

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