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jjgurl60
03.08.2019 •
Mathematics
Hans has $27 which he decides to spend on x and y. commodity x costs $16 per unit and commodity y costs $10 per unit. he has the utility function u(x, y) = 2x^2 + 2y^2 and he can purchase fractional units of x and y. hans will choose
(a) only x item.
(b) only y item.
(c) both x and y.
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Ответ:
(B) Only y item
Step-by-step explanation:
The utility function is symmetrical with respect to x and y, so they each have the same utility. Hans will choose to purchase y only, as it is the least expensive.
Ответ:
Step-by-step explanation:
ThAt IsNt WhAt FrEe PoInTs ArE
Also- I think Its A