Question: It's question c only lich we say that a consumer's utility function is U (H, X), what assumption are we making as economists that non-economists

It's question c only

It's question c only lich we say that a consumer's utility function

lich we say that a consumer's utility function is U (H, X), what assumption are we making as economists that non-economists sometimes disagree with? (7 points) The assumption is that everyone has a control on his health. c. Now suppose a consumer's utility function is U(H, X) = 6*H*X. Sketch the graph of an indifference curve associated with 120 units of utility. Be sure to label specific points on the indifference curve clearly. (7 points) See picture 2 ppose that the price of "other" stuff X is $10, the price of medical care m is $50, and your L is $100

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