Which of the Following Utility Functions Represent Preferences of a Consumer

question 50

Multiple Choice

Which of the following utility functions represent preferences of a consumer who does not have homothetic preferences?

• A)U(x, y)= xy.
• B)U(x, y)= x + 2y.
• C)U(x, y)= x + y^.5.
• D)U(x, y)= min{x, y}.
• E)More than one of the above.

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Definitions:

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A form of abuse characterized by a person subjecting or exposing another to behavior that can result in psychological trauma, including anxiety, chronic depression, or post-traumatic stress disorder.

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Assistance provided by expressing love, care, empathy, and encouragement to help manage stress and improve well-being.

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