V3

Question 1 3.5 pts Jake always uses thrice as much detergent {D} as fabric softener [S] to do his laundry, never in a different ratio. Which of the following represents Jake's preference? 0 u (D, S) = D38 0 u (D, S} = D33 0 u (D, .9) = min{D/3, 5} o u (D, S) : 111mm), .9} Ou[D,S)=D+33 Question 2 3.5 pts An individual's utility depends on his consumption of good X and good Y. Suppose that all prices and income double. What will necessarily happen to the Marshallian demands for X and Y? O They will stay the same. Q There is not enough information to answer this question. O Nothing will happen. O They will double. 0 They will reduce by half