annadel5930 annadel5930
  • 22-02-2024
  • Business
contestada

Suppose a consumers utility function is U = X⁰.⁵Y⁰.⁵. It follows that the indifference function associated with the bundle X = 1 and Y = 8 or (1, 8) is:
A.) Y = 2/X
B.) Y = 4/X
C.) Y = 8/X
D.) Y = 16/X
E.) Y = 32/X
F.) Y = 64/X

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