Clifford lives by the motto “Eat drink and be merry today, for tomorro
Clifford lives by the motto “Eat drink and be merry today, for tomorrow doesn’t matter.” If today’s consumption is represented by “x” and tomorrow’s consumption is represented by “y”, then which of the following best represents Clifford’s utility function?
A) U = x – y
B) U = x/y
C) U = x
D) U = y
ANSWER
C
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