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Managerial Economics, Quiz 2

January 2026 term, 12 Apr 2026, Set 1

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Question 1

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Quasi-linear preferences are linear in both the goods

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A.
True
B.
False

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Quasi-linear preferences are linear in both the goods Marginal utility does not change for a monotonic transformation of the utility function MRS does not change for a monotonic transformation of utility function