Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

follows that the indifference tuncson Suppose a consumer\'s utility function is

ID: 2404184 • Letter: F

Question

follows that the indifference tuncson Suppose a consumer's utility function is U-xoSyo5. It associated with the bundle X-2 and Y = 8 or (2, 8) is: Y-32/X Question 9 2.5 pts Consider an indlividual whose utility function is U - x0Syo5 If she consumes 2 units of X and 6 units of Y, then some level of utility will be experienced. If the individual instead consumes 4 units of X how much of good Y must she consume in order to attain the level of utility associated with 2 units of X and 6 units of Y? OY-1 ? Y-3 6 MacBook Air ?0 1 F7 FB F9 FIO

Explanation / Answer

At indifference point the bundles are equally preferred So the bundle (2,8) has the utility level of 2*8=16 so answer should be Option D Y=16/X If anu doubt please comment