Tim Has Preferences Represented by the Utility Function U(x, Y)=

question 2

Multiple Choice

Tim has preferences represented by the utility function U(x, y) = min{6x + y, x + 2y}.If x is on the horizontal axis and y is on the vertical axis, what is the slope of his indifference curve at the point (8,9) ?

• A)-6
• B)-2/6
• C)-1/2
• D)-1/6
• E)-8/9

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Definitions:

White Blood Cells

Cells of the immune system that are involved in protecting the body against both infectious disease and foreign invaders.

Thromboplastin

A protein essential for blood clotting, facilitating the conversion of prothrombin to thrombin.

Clotting Pathway

A series of biochemical events, involving coagulation factors, that stop bleeding by forming a clot.

Blood Type

A classification of blood based on the presence or absence of inherited antigenic substances on the surface of red blood cells, which can affect blood transfusions and organ transplantation.