Wanda Littlemore's Utility Function Is U(x, Y)= X + 47y

question 27

Multiple Choice

Wanda Littlemore's utility function is U(x, y) = x + 47y - 3y².Her income is $107.If the price of x is $1 and the price of y is $23, how many units of good x will Wanda demand?

• A)11
• B)19
• C)0
• D)18
• E)15

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Definitions:

Hypertension

A medical condition characterized by consistently high blood pressure levels, increasing the risk of heart disease and stroke.

Self-concept

The understanding and perception that an individual has of themselves, encompassing beliefs, feelings, and thoughts about one's abilities and identity.

Sildenafil

A pharmaceutical drug primarily used to treat erectile dysfunction and pulmonary arterial hypertension by increasing blood flow to the penis and relaxing blood vessel walls.

STIs

Sexually Transmitted Infections, diseases that are primarily spread through sexual activity, including vaginal, anal, and oral sex.