Question: please show the steps (1) A consumer has utility function U($1,:172) = V1171 + 1/172. (a) In the same graph, draw the indifference curves {($1,332)

please show the steps

please show the steps (1) A consumer has utility function U($1,:172) =

(1) A consumer has utility function U($1,:172) = V1171 + 1/172. (a) In the same graph, draw the indifference curves {($1,332) | U(xl, 332) = 2} and identify the upper contour set {($1,332) | U(:L'1,:L'2) 2 2}. (b) Are his preferences monotone? (0) Are his preferences convex? Is U quasiconcave? Justify your answers formally

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