Clara's Utility Function Is U(X, Y)=(X + 2)(Y + 1)

question 13

Multiple Choice

Clara's utility function is U(X, Y) =(X + 2) (Y + 1) .If Clara's marginal rate of substitution is -6 and she is consuming 8 units of good X, how many units of good Y is she consuming?

• A)59
• B)6
• C)60
• D)14
• E)13

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Definitions:

Social Support

The provision of emotional, informational, or practical assistance from individuals or groups to someone who needs it.

Workplace Aggression

Any form of hostile behavior expressed by employees in the workplace, which can include verbal or physical abuse.

Career Development

The continuous journey of learning and growth that a person undergoes to advance their professional life and achieve their career goals.

Role Ambiguity

The uncertainty or lack of clarity surrounding the expectations, responsibilities, or performance criteria of a specific role within an organization.