Exam 4: Choice-Part B

Ambrose's utility is U(x₁, x₂)= = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $108, how many units of nuts will Ambrose choose?

(Multiple Choice)

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Question 21

Charlie's utility function is U(x_A, x_B)=x_Ax_B.If Charlie's income were $40, the price of apples were $2, and the price of bananas were $6, how many apples would there be in the best bundle that Charlie could afford?

(Multiple Choice)

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Question 22

Charlie's utility function is U(x_A, x_B)=x_Ax_B.If Charlie's income were $40, the price of apples were $4, and the price of bananas were $6, how many apples would there be in the best bundle that Charlie could afford?

(Multiple Choice)

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Question 23

Ambrose's utility function is = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $5, and his income is $190, how many units of berries will Ambrose choose?

(Multiple Choice)

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Question 24

Ambrose's utility function is = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $10, and his income is $460, how many units of berries will Ambrose choose?

(Multiple Choice)

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Question 25

Ambrose's utility is U(x₁, x₂)= = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $6, and his income is $186, how many units of nuts will Ambrose choose?

(Multiple Choice)

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Question 26

Elmer's utility function is U(x, y)= min{x, y²}.If the price of x is $20, the price of y is $30, and Elmer chooses to consume 4 units of y, what must Elmer's income be?

(Multiple Choice)

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Question 27

what bundle would Linus choose if the price of x is $2, the price of y is $4, and his income is $24?

(Multiple Choice)

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Question 28

Ambrose's utility function is = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $7, and his income is $259, how many units of berries will Ambrose choose?

(Multiple Choice)

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(76)

Question 29

Charlie has a utility function U(x_A, x_B)=x_Ax_B, the price of apples is $1, and the price of bananas is $2.If Charlie's income were $200, how many units of bananas would he consume if he chose the bundle that maximized his utility subject to his budget constraint?

(Multiple Choice)

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(71)

Question 30

Ambrose's utility is U(x₁, x₂)= = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $104, how many units of nuts will Ambrose choose?

(Multiple Choice)

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(84)

Question 31

Showing 21 - 31 of 31

Exam 4: Choice-Part B

Ambrose's utility is U(x1, x2)= = 4x1/21 + x2.If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $108, how many units of nuts will Ambrose choose?

Charlie's utility function is U(xA, xB)=xAxB.If Charlie's income were $40, the price of apples were $2, and the price of bananas were $6, how many apples would there be in the best bundle that Charlie could afford?

Charlie's utility function is U(xA, xB)=xAxB.If Charlie's income were $40, the price of apples were $4, and the price of bananas were $6, how many apples would there be in the best bundle that Charlie could afford?

Ambrose's utility function is = 4x1/21 + x2.If the price of nuts (good 1)is $1, the price of berries (good 2)is $5, and his income is $190, how many units of berries will Ambrose choose?

Ambrose's utility function is = 4x1/21 + x2.If the price of nuts (good 1)is $1, the price of berries (good 2)is $10, and his income is $460, how many units of berries will Ambrose choose?

Ambrose's utility is U(x1, x2)= = 4x1/21 + x2.If the price of nuts (good 1)is $1, the price of berries (good 2)is $6, and his income is $186, how many units of nuts will Ambrose choose?

Elmer's utility function is U(x, y)= min{x, y2}.If the price of x is $20, the price of y is $30, and Elmer chooses to consume 4 units of y, what must Elmer's income be?

what bundle would Linus choose if the price of x is $2, the price of y is $4, and his income is $24?

Ambrose's utility function is = 4x1/21 + x2.If the price of nuts (good 1)is $1, the price of berries (good 2)is $7, and his income is $259, how many units of berries will Ambrose choose?

Charlie has a utility function U(xA, xB)=xAxB, the price of apples is $1, and the price of bananas is $2.If Charlie's income were $200, how many units of bananas would he consume if he chose the bundle that maximized his utility subject to his budget constraint?

Ambrose's utility is U(x1, x2)= = 4x1/21 + x2.If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $104, how many units of nuts will Ambrose choose?

Budget Constraint-Part A

Budget Constraint-Part B

Preferences-Part A

Preferences-Part B

Utility-Part A

Utility-Part B

Choice-Part A

Demand-Part A

Demand-Part B

Revealed Preference-Part A

Revealed Preference-Part B

Slutsky Equation-Part A

Slutsky Equation-Part B

Buying and Selling-Part A

Buying and Selling-Part B

Intertemporal Choice-Part A

Intertemporal Choice-Part B

Asset Markets-Part A

Asset Markets-Part B

Uncertainty-Part A

Uncertainty-Part B

Risky Assets-Part A

Risky Assets-Part B

Consumers Surplus-Part A

Consumers Surplus-Part B

Market Demand-Part A

Market Demand-Part B

Equilibrium-Part A

Equilibrium-Part B

Auctions-Part A

Auctions-Part B

Technology-Part A

Technology-Part B

Profit Maximization-Part A

Profit Maximization-Part B

Cost Minimization-Part A

Cost Minimization-Part B

Cost Curves-Part A

Cost Curves-Part B

Firm Supply-Part A

Firm Supply-Part B

Industry Supply-Part A

Industry Supply-Part B

Monopoly-Part A

Monopoly-Part B

Monopoly Behavior-Part A

Monopoly Behavior-Part B

Factor Markets-Part A

Factor Markets-Part B

Oligopoly-Part A

Oligopoly-Part B

Game Theory-Part A

Game Theory-Part B

Game Applications-Part A

Game Applications-Part B

Behavioral Economics

Exchange-Part A

Exchange-Part B

Production-Part A

Production-Part B

Welfare-Part A

Welfare-Part B

Externalities-Part A

Externalities-Part B

Information Technology-Part A

Information Technology-Part B

Public Goods-Part A

Public Goods-Part B

Ambrose's utility is U(x₁, x₂)= = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $108, how many units of nuts will Ambrose choose?

Charlie's utility function is U(x_A, x_B)=x_Ax_B.If Charlie's income were $40, the price of apples were $2, and the price of bananas were $6, how many apples would there be in the best bundle that Charlie could afford?

Charlie's utility function is U(x_A, x_B)=x_Ax_B.If Charlie's income were $40, the price of apples were $4, and the price of bananas were $6, how many apples would there be in the best bundle that Charlie could afford?

Ambrose's utility function is = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $5, and his income is $190, how many units of berries will Ambrose choose?

Ambrose's utility function is = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $10, and his income is $460, how many units of berries will Ambrose choose?

Ambrose's utility is U(x₁, x₂)= = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $6, and his income is $186, how many units of nuts will Ambrose choose?

Elmer's utility function is U(x, y)= min{x, y²}.If the price of x is $20, the price of y is $30, and Elmer chooses to consume 4 units of y, what must Elmer's income be?

Ambrose's utility function is = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $7, and his income is $259, how many units of berries will Ambrose choose?

Charlie has a utility function U(x_A, x_B)=x_Ax_B, the price of apples is $1, and the price of bananas is $2.If Charlie's income were $200, how many units of bananas would he consume if he chose the bundle that maximized his utility subject to his budget constraint?

Ambrose's utility is U(x₁, x₂)= = 4x^1/2₁ + x₂.If the price of nuts (good 1)is $1, the price of berries (good 2)is $4, and his income is $104, how many units of nuts will Ambrose choose?