Asked by alsac
Hi, I have to answer the following question: A person with the utility function U(x, y) = y + x^2 has convex preferences, true or false?
I don't know how to do it, do I put U(x,y) = to a K
and make up some bundles? Can someone please explains the step to solve this?
I don't know how to do it, do I put U(x,y) = to a K
and make up some bundles? Can someone please explains the step to solve this?
Answers
There are no AI answers yet. The ability to request AI answers is coming soon!
There are no human answers yet. A form for humans to post answers is coming very soon!