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    Intermediate Microeconomics
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    Exam 3: Utility
  5. Question
    Jeans Utility Function Is U(x, Y) = X + Y
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Jeans Utility Function Is U(x, Y) = X + Y

Question 22

Question 22

True/False

Jeans utility function is U(x, y) = x + y 2 - y. If we draw her indifference curves with x on the horizontal axis and y on the vertical axis, then these indifference curves are everywhere downward sloping and get flatter as one moves from left to right.

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