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Author Question: If the utility function (U) between food (F) and clothing (C) can be represented as U = , the ... (Read 123 times)

frankwu

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on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal utility of food equals
◦ 1/2.
◦ .
◦ .
◦ 1/2.
Microeconomics ¦ Perloff ¦ 8th Edition
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Marked as best answer by frankwu on Jun 18, 2019

verrinzo

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Reply #1 on: Jun 18, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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frankwu

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Reply #2 on: Jun 18, 2019
Excellent


verrinzo

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Reply #3 on: Jun 18, 2019
Great! Please up vote :D


madam-professor

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Reply #4 on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal utility of food
◦ increases as one obtains more clothing.
◦ is not affected by the amount clothing.
◦ is not positive.
◦ does not diminish as food increases.


Ddddd

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Reply #5 on: Jun 18, 2019
increases as one obtains more clothing.


Arii_bell

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Reply #6 on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal rate of substitution of clothing for food equals
◦ -.
◦ -F/C.
◦ -.
◦ -C/F.


jojobee318

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Reply #7 on: Jun 18, 2019
-C/F.


Arii_bell

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Reply #8 on: Jun 18, 2019
TY


jojobee318

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Reply #9 on: Jun 18, 2019
You're welcome


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