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3. Agents A, B, C, and D have utility functions: uf(x1, X2) = $1 122, u(X1, X2) = a1XI+ a2x2, u (X1, 2) = x1

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3. Agents A, B, C, and D have utility functions: uf(x1, X2) = $1 122, u(X1, X2) = a1\\XI+ a2x2, u (X1, 2) = x1 +2, and u (x1, X2) = a1 In(21) + a2 In(2). a) Which agents have convex preferences? (5 Marks) b) Which agents have the same demand functions

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