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Consider the following utility functions. G(x,y) = -1 / [ min(6x,2y)+1] H(x,y) = min(6x,6y) L(x,y) = min(6x,2y) - 10000000000 U(x,y) = min (3x, y) W(x,y)
Consider the following utility functions.
G(x,y) = -1 / [ min(6x,2y)+1]
H(x,y) = min(6x,6y)
L(x,y) = min(6x,2y) - 10000000000
U(x,y) = min (3x, y)
W(x,y) = min (6x, y)
Z(x,y) = min (x,2y)
Which function or functions do not satisfy monotonicity?
a.H
b.None.
c.Z
d.W
e.L
f. G
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