Suppose the Consumer's Utility Function Is Given By $U ( x , y ) = \sqrt { x y }$

question 46

Multiple Choice

Suppose the consumer's utility function is given by $U ( x , y ) = \sqrt { x y }$ where $M U _ { x } = \frac { \sqrt { y } } { 2 \sqrt { x } } \quad M U _ { y } = \frac { \sqrt { x } } { 2 \sqrt { y } }$ The equation for this consumer's demand curve for $x$ is

• A) \(x = I\)
• B) \(x = \frac { I } { 2 P _ { x } }\)
• C) \(x = 2 P _ { x }\)
• D) \(x = \frac { I } { 4 P _ { x } }\)

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