Consider the utility function U = 5x +3y2,which has MUx = 5 and MUy = 6y.The indifference curves for this utility function
A) will be straight lines.
B) will have the same as
increases holding
constant.
C) will have the same as
increases holding
constant.
D) will have a diminishing marginal rate of substitution as the consumer substitutes for
.
Correct Answer:
Verified
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