Lolita's Utility Function Is U(x, Y)= X - X²/2

question 19

Multiple Choice

Lolita's utility function is U(x, y) = x - x²/2 + y, where x is her consumption of cow feed and y is her consumption of hay.If the price of cow feed is $.10, the price of hay is $1, and her income is $2 and if Lolita chooses the combination of hay and cow feed that she likes best from among those combinations she can afford, her utility will be

• A)0.40.
• B)3.40.
• C)2.40.
• D)1.90.
• E)1.40.

---

Definitions:

Thomas And Chess

Researchers known for their work in the area of child temperament, identifying three basic types: easy, difficult, and slow-to-warm-up.

Erratic Sleep

Inconsistent or irregular sleep patterns that can disrupt normal sleep cycles.

Difficult Child

A term often used to describe a child who exhibits challenging behaviors such as high levels of disobedience, aggressiveness, or difficulty in being soothed or comforted.

Separation Anxiety

A condition identified by an extreme level of worry or fear when away from home or someone they are strongly attached to.