An individual's utility function is U = (X+ 1)0.5(Y+2)0.5 Find the indifference curve for U=6 and show that it is negatively sloped and convex. Does
An individual's utility function is U = (X+ 1)0.5(Y+2)0.5 Find the indifference curve for U=6 and show that it is negatively sloped and convex. Does the indifference curve cut the axes? What does this imply about this individual's tastes
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