Question: Determine if a given utility function of a form: is (weakly) increasing or (weakly) decreasing. u: R R
Determine if a given utility function
of a form:
is (weakly) increasing or (weakly) decreasing.
u: R R
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To determine whether a utility function is weakly increasing or weakly decreasing you need to look at how the utility changes as the goods which in ec... View full answer
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