(b) Consider Linda's utility function: U(X,Y) = 6 XY, where X and Y are two goods. Answer parts i and ii based on the as
Posted: Sun Jun 05, 2022 4:39 pm
(b) Consider
Linda's utility function: U(X,Y) = 6 XY, where X and Y are two
goods. Answer parts i and ii based on the assumption that Linda
consumed 15 units of X and received 360 units of
utility. 8
marks
Linda's utility function: U(X,Y) = 6 XY, where X and Y are two
goods. Answer parts i and ii based on the assumption that Linda
consumed 15 units of X and received 360 units of
utility. 8
marks