Jillian's preferences over baskets of goods X and Y are represented by .For this function, we have and .The current price of good X is P_X = 10 and price of good Y is P_Y = 20.Jillian has an income of M = 300 to spend on these two goods.

29.Jillian's utility is described here using a ______________ function.

a) linearb) Leontief* c) Cobb-Douglasd) log linear

30.If Jillian has 5 units of good X and 10 units of good Y, her marginal rate of substitution equals _________ unit(s) of Y per unit of X.

a) 1/2 *b) 1c) 2d) 4e) 8

31.Jillian maximizes her satisfaction consuming ________ units of good X.

a) 5* b) 10c) 15d) 20e) 40

32.If the price of X falls to P_X' = 5, and the price of Y and her income remains unchanged, Jillian will maximize her satisfaction consuming _______ units of good Y.

a) 5*b) 10c) 15d) 20e) 40