History, asked by anabiyaali1010, 1 day ago

The price of good x and the price of good y are $20 and $40 respectively. The income level is $800, and the utility function is U = xy . What is the optimal consumption? Answer Choices: a. x = 20 , y = 10 b. x = 1c , y = 20 c. x = 15 , y = 5 d. x = 5, y = 15

Answers

Answered by qwert0820

0

Answer:

a) 20

Explanation:

Previous Question

Next Question

Similar questions

Physics, 13 hours ago

You are required to coat a carbon rod with a layer of copper and have been provided with the following materials: a copper plate, a carbon rod, two cells, connecting wires, connecting plugs, and a beaker containing copper sulphate solution. a) Name the process which you will use to coat a carbon rod with a layer of copper. b) With the help of a well-labelled diagram, explain the...

Computer Science, 13 hours ago

Write the steps to create a table in power point to store the collection of amount from each class for the purpose of Orphanage home in your town . (Table contains the data names , address , mobile no. , class , amount and Total amount...

English, 13 hours ago

What is Irony? Explain with two examples.

Political Science, 1 day ago

पोस्टकोड का सिद्धांत किसने दिया...

Geography, 1 day ago

WORLD POLITICAL Russia cm...

Math, 8 months ago

What is the sum of the first five terms of the sequence with general term an=7n-2...

Science, 8 months ago

How can we show the path followed by the light? (please I need the answer fast)...

Biology, 8 months ago

Which of the following is the funtion of the plasma membrane...