Question: 3. Consider the untility function u(x1, x2) = x2-y. Are these preferences monotonic? Do these preferences satisfy local nonsatiation? Does Walras's law hold

3. Consider the untility function u(x1, x2) = x2-y. Are these
preferences monotonic? Do these preferences satisfy local nonsatiation? Does Walras's law hold

3. Consider the untility function u(x1, x2) = x2-y. Are these preferences monotonic? Do these preferences satisfy local nonsatiation? Does Walras's law hold

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