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    Business
  3. Study Set
    Microeconomics Theory with Applications
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    Exam 2: A Theory of Preferences
  5. Question
    Given the Following Utility Function, U(x<sub>1</sub>,x<sub>2</sub>)= X<sub>1</sub><sub> </Sub>* X<sub>2</sub>, Which
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Given the Following Utility Function, U(x1,x2)= X1 * X2, Which

Question 22

Question 22

Multiple Choice

Given the following utility function, U(x1,x2) = x1 * x2, which of the following does not represent the same preference ordering:


A) x1x2 + 15.
B) (x1x2) 2.
C) x1 + x2.
D) x1x2 - 1000.

Correct Answer:

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