Ambrose Has the Utility Function U(x₁, X₂)= 4x^1/2₁ + X₂

question 33

Multiple Choice

Ambrose has the utility function U(x₁, x₂) = 4x^1/2₁ + x₂.If Ambrose is initially consuming 25 units of nuts and 17 units of berries, then what is the largest number of berries that he would be willing to give up in return for an additional 39 units of nuts?

• A)8
• B)12
• C)25
• D)6
• E)3

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Definitions:

Product Manager

A professional responsible for the strategy, roadmap, and feature definition for a product or product line.

Functional Manager

A supervisor who has oversight over a particular department or function within the organization, such as finance, marketing, or production.

Conflict

The process that occurs when one person, group, or organizational subunit frustrates the goal attainment of another.

Functional Departmentation

The process of dividing an organization into departments based on specific functions or tasks.