Which of the following utility functions is an example of Quasi-linear preferences?
A)
B)
C)
D)
Correct Answer:
Verified
Q40: The principle of diminishing marginal utility implies:
A)indifference
Q41: If a consumer's preferences are quasi-linear, then
Q42: Consider the utility function
Q43: Ordinal utility gives us information about which
Q44: Which of the following utility functions
Q46: Which of the following utility functions
Q47: Two goods are perfect substitutes. The marginal
Q48: Which of the following utility functions
Q49: Marginal utility may be negative.
Q50: Economists sometimes represent two goods as having
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents