Question
__________ indifference curves are strongly monotonic and convex, __________ indifference curves are strongly monotonic but only weakly convex, and __________ indifference curves are strongly convex
__________ indifference curves are strongly monotonic and convex, __________ indifference curves are strongly monotonic but only weakly convex, and __________ indifference curves are strongly convex but only weakly monotonic. CD = Cobb-Douglas, QL = Quasi-linear, PS = Perfect Substitutes, PC = Perfect Complements.
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
