Question: Checking properties of the Cobb-Douglas utility function Consider the utility function u (x ) = xi i-1 where x denotes a vector of n different

Checking properties of the Cobb-Douglas utility function Consider the utility function u (x ) = xi i-1 where x denotes a vector of n different goods x e R", and 1 > of >0. Check if this utility function satisfies: additivety, homogeneity of degree k, and homotheticity

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