Consider an individual whose utility function is u x05y05


Consider an individual whose utility function is U = X0.5Y0.5. If she consumes 3 units of X and 4 units of Y, then some level of utility will be experienced. If the individual instead consumes 2 units of Y, how much of good X must she consume in order to attain the level of utility associated with 3 units of X and 4 units of Y? X = 2 X = 3 X = 4 X = 5 X = 6

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Business Economics: Consider an individual whose utility function is u x05y05
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