Question: 3.1 Graph a typical indifference curve for the following utility functions, and determine whether they have convex indifference carryes (i.e., whether the MRS declines as


3.1 Graph a typical indifference curve for the following utility functions, and determine whether they have convex indifference carryes (i.e., whether the MRS declines as x increases). a. U(x, y) = 3x + y. b. U (x, y ) = x . y. - U(x, y) = v xty d U(x, y) = Vx - yz xy # U(x, y) x+y
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