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The verb SER and the verb ESTAR both mean ‘to be’, but have different uses.  

Q1 (25 pts) There are two goods, x1 and x2. Respective prices for each good are p1 and p2. Consumer income is m. The utility function of the consumer is: u(x1,x2) = x13x27

The diagram above shows Gisela’s indifference curves for housing and all other goods. Which of the following statements regarding Gisela’s preferences and utility function is true?

Match each question with its most logical answer. 

Complete the sentence the correct present tense form of ESTAR. Mis compañeros de clase y yo en la casa. 

Which of the following is true when optimizing a Cobb-Douglas utility function given by u=xayb, where x and y are consumption goods and a and b are constants, assuming a,b>0?

Complete the sentence the correct present tense form of ESTAR. Y tú, ¿cómo ?

In what situations will the tangency condition be sufficient for utility maximization? The tangency condition means the budget line is tangent to the indifference curve. A condition is sufficient if that condition by itself ensures that utility is being maximized.

The letter A in Spanish is pronounced like the A in the English word “apple”. 

If the frequency of the beam increases, the propagation speed in the media will _______________.