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Hey I'm having trouble with question A of this exercises, and if you can give me tips on how to do B it'd be appreciated.
Hey I'm having trouble with question A of this exercises, and if you can give me tips on how to do B it'd be appreciated.
An individual has the utility function u = x + y + min {x, y}.
a) Draw some indifference curves for this individual.
b) Show that the utility function g = min {x + 2 y, 2 x + y} represents the same
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