Question: 17. Assume an individual's utility function is U(x , x, )= x x,, how much x, would the individual be willing to give up to

17. Assume an individual's utility function is U(x , x, )=

17. Assume an individual's utility function is U(x , x, )= x x,, how much x, would the individual be willing to give up to gain one extra unit of x, if the individual currently has 8 units of x, and 2 units of x, ? A. 1/16 B. 1/8 C. 8 D. 16 E. None of the above

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