Multiple Choice
Jane has the utility function U = F0.5 C0.5,then her expenditure function would be
A) E = 2 PF0.5 PC0.5.
B) E = 0.5
F0.5 C0.5.
C) E = 0.5
PF0.5 PC0.5.
D) E = 2
PF0.5 PC0.5.
Correct Answer:
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