4. You are given three consumption bundles: (X,Y) A: (4,6) B: (0,10) C: (6,4) Relate the...

  

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4. You are given three consumption bundles: (X,Y) A: (4,6) B: (0,10) C: (6,4) Relate the consumption bundles given the following utility functions. (You will relate bundles A, B and C from above for each utility function independently. Do not try to compare utility from the function in part a) with part b), c) or d) (Example: A-B> C) a) U(x, y) = 4x + 3y b) U(x,y)= c) U(x, y) = xy d) U (x, y) = x + min(2x, 3y) 4. You are given three consumption bundles: (X,Y) A: (4,6) B: (0,10) C: (6,4) Relate the consumption bundles given the following utility functions. (You will relate bundles A, B and C from above for each utility function independently. Do not try to compare utility from the function in part a) with part b), c) or d) (Example: A-B> C) a) U(x, y) = 4x + 3y b) U(x,y)= c) U(x, y) = xy d) U (x, y) = x + min(2x, 3y)