[Answered] Which of the following utility functions has the same MRS as U(q1,q2 ) = q1 q2? A) q11/2 q21/2 ...

This topic contains a solution. Click here to go to the answer

Author Question: Which of the following utility functions has the same MRS as U(q1,q2 ) = q1 q2? A) q11/2 q21/2 ... (Read 30 times)

charchew

Hero Member
Posts: 579

on: Jul 1, 2018

Which of the following utility functions has the same MRS as U(q1,q2 ) = q1 q2?

A) q11/2 q21/2
B) q1 + q2
C) q11/2 + q21/2
D) (q11/2 + q11/2 )2

Question 2

Two-thirds of sales tax revenues are collected by _____.

a. the federal government
b. state governments
c. county governments
d. city governments

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

matt

Sr. Member
Posts: 344

Reply #1 on: Jul 1, 2018

Answer to Question 1

A

Answer to Question 2

b

charchew

Member
Posts: 579

Reply 2 on: Jul 1, 2018

YES! Correct, THANKS for helping me on my review

covalentbond

Member
Posts: 336

Reply 3 on: Yesterday

Wow, this really help

« previous next »

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.