Question: Consider the expected utility function u (x) + 2u (x). Let x2 = f (x, U) describe an indifference curve for this utility function,

Consider the expected utility function u (x) + 2u (x). Let x2

Consider the expected utility function u (x) + 2u (x). Let x2 = f (x, U) describe an indifference curve for this utility function, so that u () + Tu (f (x, U)) = U. Differentiate this expression with respect to # to find the slope of an indifference curve. Find the slope of this indifference curve when . Explain why it has this slope.

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