Question

Some people view cosmetic surgery (c) and facials (f) as perfect substitutes as measured by the utility function U(c,f) = 5c + 10f.

What is the marginal utility of cosmetic surgery?

a. MU = 10.
b. MU = 15.
c. MU = 5.
d. None of the above.

Answer 1

c. MU = 5.

Step-by-step explanation:

MU of cosmetic surgery = du(c,f)/dc = 5