Elmer's Utility Function Is U(x, Y)= Min{x, Y²}

question 10

Multiple Choice

Elmer's utility function is U(x, y) = min{x, y²}.If the price of x is $15, the price of y is $30, and Elmer chooses to consume 2 units of y, what must Elmer's income be?

• A)$240
• B)$90
• C)$220
• D)$120
• E)There is not enough information to tell.

---

Definitions:

Minutes

Units of time equal to sixty seconds, commonly used to measure duration or time intervals.

Sexual Response Cycle

A sequence of physical and emotional phases that occurs during sexual activity, including arousal, plateau, orgasm, and resolution.

Male Ejaculates

The process by which a male discharges semen from the body during sexual climax.

Muscle Control

The ability to direct and coordinate muscle movement in the body.