Janet Consumes X₁ and X₂ Together in Fixed Proportions

question 49

Multiple Choice

Janet consumes x₁ and x₂ together in fixed proportions.She always consumes 2 units of x₁ for every unit x₂.One utility function that describes her preferences is

• A)U(x₁, x₂)=2x₁x₂.
• B)U(x₁, x₂)=2x₁ = x₂.
• C)U(x₁, x₂)=x₁ + 2x₂.
• D)U(x₁, x₂)=min{2x₁, x₂}.
• E)U(x₁, x₂)=min{x₁, 2x₂}.

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