Question: Example 3.4 we showed that a utility function of the form given by Equation 6.12 is nonhomotheticthe MRS does, not depend only on the ratio
Example 3.4 we showed that a utility function of the form given by Equation 6.12 is nonhomothetic—the MRS does, not depend only on the ratio of Xto Y.
Can asymmetry arise in the homothetic case?
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