Question: I am needing help to the question below. 6. To test for convex preferences, the following theorem is useful. Theorem. A twice-differentiable utility function U(x

I am needing help to the question below.

6. To test for convex preferences, the following theorem is useful. Theorem. A twice-differentiable utility function U(x y) represents convex preferences if and only if (1) UU- -2U UU +U U.

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