Isabella's Utility Function Is U(x, Y)= 4min{x, Y} + Y

question 54

Multiple Choice

Isabella's utility function is U(x, y) = 4min{x, y} + y.If we draw her indifference curves with x on the horizontal axis and y on the vertical axis, these indifference curves are

• A)L-shaped with kinks where x = y.
• B)made up of two line segments that meet where x = y.One of these line segments is horizontal and the other has slope -4.
• C)L-shaped with kinks where x = 5y.
• D)made up of two line segments that meet where x = 5y.One of these line segments is vertical and the other has slope -1.
• E)V-shaped with kinks where x =4y.

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