[Answered] Sarah has the utility function U(X,Y) = X.5Y.25. When Sarah consumes X = 2 and Y = 6 she has a ...

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Author Question: Sarah has the utility function U(X,Y) = X.5Y.25. When Sarah consumes X = 2 and Y = 6 she has a ... (Read 73 times)

melina_rosy

Hero Member
Posts: 531

on: Jul 1, 2018

Sarah has the utility function U(X,Y) = X.5Y.25. When Sarah consumes X = 2 and Y = 6 she has a marginal rate of substitution of

A) -12.
B) -1/6.
C) -6.
D) -1/12.

Question 2

A major source of revenues for state and local governments is _____.

a. income taxes
b. payroll taxes
c. intergovernmental revenues
d. estate taxation

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Marked as best answer by a Subject Expert

mohan

Sr. Member
Posts: 362

Reply #1 on: Jul 1, 2018

Answer to Question 1

C

Answer to Question 2

c

melina_rosy

Member
Posts: 531

Reply 2 on: Jul 1, 2018

Excellent

alvinum

Member
Posts: 317

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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