Register
Josephine’s utility function is u(x, y) =y 5x.5.she has 1 unit of x and 2 units of y. if her consumption of x is reduced to zero, how much must she have in order to be exactly as well off as before
126k views
3 votes
Josephine’s utility function is u(x, y) =y 5x.5.she has 1 unit of x and 2 units of y. if her consumption of x is reduced to zero, how much must she have in order to be exactly as well off as before

User Simon Keep
by
5.9k points

1 Answer

3 votes

Answer:

2.5

Explanation:

User Shamane Siriwardhana
by
6.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
Link Copied!