A consumer is willing to trade 3 units of x for 1 unit of y


A consumer is willing to trade 3 units of x for 1 unit of y when she has a bundle (x, y) = (6, 5). She is also willing to trade 6 units of x for 2 units of y when she has (12, 3) bundle. She is indifferent between those two bundles. What is the shape of her utility function? 

Request for Solution File

Ask an Expert for Answer!!
Business Economics: A consumer is willing to trade 3 units of x for 1 unit of y
Reference No:- TGS01115773

Expected delivery within 24 Hours