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Business, 05.07.2021 19:30 winterblanco

Use separate graphs to draw indifference curves for each of the following utility functions: a. U(x, y)= min {2x + y,2y +x}
b. U(x, y)= max {2x + y,2y +x}
c. U(x, y) =x + min {x+y}
d. In which of these cases are preferences convex?

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