Susan's Utility Function Is U(x, Y)= (X + Y)R², Where

question 62

Multiple Choice

Susan's utility function is U(x, y) = (x + y) R², where x and y are the quantities of goods X and Y that she consumes and R is the number of hours of leisure that she has per day.Good X costs 4 dollars per unit and good Y costs 2 dollars per unit.Her wage rate is 8 dollars per hour and she has 15 hours per day to allocate between labor and leisure.She will

• A)consume equal amounts of goods X and Y.
• B)consume 10 units of good X.
• C)consume 20 units of good Y.
• D)work 10 hours a day.
• E)consume twice as much of good X as of good Y.

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Definitions:

Therapeutic Approach

An organized method used by mental health professionals to help clients achieve specific goals or overcome psychological issues.

Unconscious Conflicts

Internal struggles stemming from desires, emotions, or thoughts that are not fully aware to the individual but influence behavior and mental state.

Psychoanalysis

A therapeutic approach and theory of psychology developed by Sigmund Freud, focusing on unconscious motivations and early childhood experiences.

Repression Analysis

A psychological process analyzing how individuals unconsciously forget or block out memories, thoughts, or feelings.