Multiple Choice
Anna's preferences can be expressed by the utility function U(x1, x2) = x1 + x2. Which of the following does NOT represent the same preferences?
A) U(x1, x2) = (x1 + x2) 2
B) U(x1, x2) = ln(x1 + x2) + 12
C) U(x1, x2) = x1 + 4x2 D) U(x1, x2) = 1000(x1 + x2)
Correct Answer:
Verified
Correct Answer:
Verified
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