Author Question: For this utility function, the MRS: a. depends on the values of x and y. b. is always 0. c. is ... (Read 51 times)

newbem · **on:** Jul 1, 2018

For this utility function, the MRS:
a. depends on the values of x and y.
b. is always 0.
c. is always 2.
d. is always 4.

Question 2

Experience goods are products or services
a. that the customer already knows
b. whose performance is highly unusual
c. whose quality is undetectable when purchased
d. not likely to cause repeat purchases
e. all of the above