If Someone Has the Utility Function U = 1,000

question 36

True/False

If someone has the utility function U = 1,000 + 2min {x, y}, then x and y are perfect complements for that person.

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Definitions:

Mate Selection Criteria

Factors considered by individuals when choosing a partner, which can include physical attractiveness, personality traits, and similar values or background.

Evolutionary Forces

Natural mechanisms, including mutation, genetic drift, gene flow, and natural selection, that lead to changes in gene frequencies within populations over time.

Financial Resources

Financial resources refer to money or any other assets that can be used to support an organization, individual, or project.

Refractory Period

A phase right after stimulation when a nerve or muscle cannot respond to additional stimulation.