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MSearch results - mba08026@jims x MBA08_Managerial Economics_A x New Tab X + X > C a docs.google.com/forms/d/e/1FAlpQLSe1SBOA-ahw-54QhZYaMeGG84FMGEdMR-3FHdV9Nthosk-yw/formResponse : YouTube Mi Gmail News Translate 1 point
MSearch results - mba08026@jims x MBA08_Managerial Economics_A x New Tab X + X > C a docs.google.com/forms/d/e/1FAlpQLSe1SBOA-ahw-54QhZYaMeGG84FMGEdMR-3FHdV9Nthosk-yw/formResponse : YouTube Mi Gmail News Translate 1 point The utility that Mrs. A receives by consuming food (F) and clothing (C) is given by U(F.C) = FC . If P, - Re. 1 / unit and Pc - Rs. 3 / unit and Mrs. A has Rs. 12 budget, then her utility maximizing choice of food and clothing is OF = 2, C =6 OF = 6, C=2 OF = 2, C =2 OF = 4, C =4 1 point A rational i.e., utility-maximizing consumer has only two goods to consume- Good X and Good F. He has an income of Rs. 656 to spend on these two goods and Pr =8. His utility function is U(X,Y)= AVXY. Then the equation for his demand curve for good Y is 656 a) Y = ag . Le., a linear function 656 b) Y =- P.P. . i.e., non-linear function of prices of two goods c) Y =X AP . i.e., a function of A, X. P. d) Y = 328 P, . i.e., a rectangular hyperbola O ENG 9:11 PM Haze IN 8/18/2022
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