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use separate graphs to draw indifference curves for each of the following utility functions: a. U(x,y)=min{2x+y,2y+x} b. U(x,y)=max{2x+y,2y+x} c. U(x,y)=x+min{x,y} d. In which of these
use separate graphs to draw indifference curves for each of the following utility functions:
a. U(x,y)=min{2x+y,2y+x}
b. U(x,y)=max{2x+y,2y+x}
c. U(x,y)=x+min{x,y}
d. In which of these cases are preferences convex?
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