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Which of the following utility functions is an example of preferences for perfect substitutes ? a. U(x,y)= (3x+5y) b. U(x,y)= min{2x,y} c. U(x,y)= yx d.
Which of the following utility functions is an example ofpreferences for perfect substitutes?
a. U(x,y)= (3x+5y)
b. U(x,y)= min{2x,y}
c. U(x,y)= yx
d. U(x,y)=2x^2+4y
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
