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

question 5

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)14
• B)60
• C)59
• D)6
• E)13

Understand the potential for discrimination and the existence of in-groups and out-groups within LMX theory.

Comprehend the ways to transition from being in the out-group to the in-group.

Understand the applicability of LMX theory across different levels of an organization and its universal applicability.

Recognize the strengths and criticisms of LMX theory.

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Definitions:

Centimeters

A unit of length in the metric system equal to one hundredth of a meter.

Meters

The base unit of length in the International System of Units (SI), equal to approximately 39.37 inches.

Centimeters

A measurement within the metric system that is equivalent to 0.01 meters.

Mass

A measure of the amount of matter in an object, typically measured in kilograms or grams.