Clara's Utility Function Is U(X, Y)= (X + 2)(Y

question 4

Multiple Choice

Clara's utility function is U(X, Y) = (X + 2) (Y + 1) .If Clara's marginal rate of substitution is -5 and she is consuming 15 units of good X, how many units of good Y is she consuming?

• A)5
• B)85
• C)20
• D)84
• E)11

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Definitions:

Fat Clients

Fat clients, also known as thick clients, are computers in a client-server architecture that handle the bulk of data processing operations themselves, rather than relying on a server.

Processing Power

Describes the capability of a computer or processor to perform operations, often measured in terms of speed and efficiency in executing tasks.

Peer-To-Peer Processing

A decentralized network model wherein peers (computers or devices) share resources directly without the need for a central server.

Central Agency

A primary government or organizational body responsible for a specific function, often providing leadership and oversight in its area of competency.