Willy's preferences over bundles that contain nonnegative amounts of x1 and x2 are represented by the utility function U (m1, 582) = 33% + x3.
Willy's preferences over bundles that contain nonnegative amounts of x1 and x2 are represented by the utility function U (m1, 582) = 33% + x3. Draw a few of his indifference curves. What kind of geometric gure are they? Does Willy have convex preferences
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