Which of the Following Utility Functions Best Represents the Idea $U ( x , y ) = \sqrt { x y }$

question 3

Multiple Choice

Which of the following utility functions best represents the idea that two goods,x and y,are perfect complements?

• A) \(U ( x , y ) = \sqrt { x y }\)
• B)U(x,y)= x + y.
• C) \(U ( x , y ) = | x - y |\) .
• D)U(x,y)= min (x,y).

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Definitions:

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Fixed-interval Schedule

A type of reinforcement schedule in behavioral psychology where rewards are provided after a consistent time period passes.

Variable-interval Schedule

A reinforcement schedule in which rewards are given after an unpredictable time interval, leading to a steady, moderate response rate.

Fixed-ratio Schedule

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