In Problem 2, Clara's utility function is U(X, Y) = (X + 2)(Y + 1). If Clara's marginal rate of substitution is -4 and she is consuming 10 units of good X, how many units of good Y is she consuming?
A) 48
B) 14
C) 4
D) 47
E) 9

Question

Quizplus · Accepted Answer

The Answer of In Problem 2, Clara's utility function is U(X, Y) = (X + 2)(Y + 1). If Clara's marginal rate of substitution is -4 and she is consuming 10 units of good X, how many units of good Y is she consuming?
A) 48
B) 14
C) 4
D) 47
E) 9

In Problem 2, Clara's Utility Function Is U(X, Y) =