A fully additive model of the utility function , where indexes time and and are two different goods, has which features?
A) Utility is additive across (time) .
B) Utility is additive across goods 1 and 2, but not across (time) .
C) Utility is neither additive across goods or time.
D) Utility is additive across (time) , but the function form may change in each time period.
Correct Answer:
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