Multiple Choice
Clara's utility function is U(x, Y) = (x + 2) (Y + 1) .If her marginal rate of substitution is -3 and she is consuming 12 units of good x, how many units of good Y must she be consuming?
A) 15
B) 46
C) 24
D) 41
E) 7
Correct Answer:
Verified
Correct Answer:
Verified
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