Clara's utility function is U(x, y) = (x + 2)(y + 1). If her marginal rate of substitution is -4 and she is consuming 14 units of good x, how many units of good y must she be consuming?
A) 30
B) 68
C) 18
D) 63
E) 9

Question

Quizplus · Accepted Answer

The Answer of Clara's utility function is U(x, y) = (x + 2)(y + 1). If her marginal rate of substitution is -4 and she is consuming 14 units of good x, how many units of good y must she be consuming?
A) 30
B) 68
C) 18
D) 63
E) 9

Clara's Utility Function Is U(x, Y) = (X + 2)(y