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I have attached the question below. Richard's preferences over chocolate, 0, and money, m, can be represented by the utility function u(c,m) =6c+m+6n(crc)+n(mrm) where are

I have attached the question below.

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Richard's preferences over chocolate, 0, and money, m, can be represented by the utility function u(c,m) =6c+m+6n(crc)+n(mrm) where are is his chocolate reference point, rm is his money reference point, and the function is dened as :1: :r 2 0 #(I) = 3 - in? 3:

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