Charlie Has a Utility Function U(x, Y)= (X + 3)(y

question 47

Multiple Choice

Charlie has a utility function U(x, y) = (x + 3) (y + 4) .The price of x is $1 and the price of y is $1.When he maximizes his utility subject to his budget constraint, he consumes positive amounts of both goods.Charlie consumes

• A)2 more units of x than he consumes of y.
• B)1 more unit of x than he consumes of y.
• C)exactly as many units of x as of y.
• D)1 more unit of y than he consumes of x.
• E)None of the above.

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Definitions:

Authentic

Refers to something genuine, not counterfeit or copied, and truly represents what it is said to be.

Gestalt Therapy

A type of therapy that highlights the importance of taking personal accountability and concentrates on the person's current experiences.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone. It is the highest level of Maslow's hierarchy of needs.

Gestalt Therapist

A psychotherapist specializing in Gestalt therapy, a form of psychotherapy emphasizing personal responsibility and focusing on the present moment in the context of an individual's environment and social relationships.