Answer to Question #274251 in Microeconomics for samadi

Question #274251

consider an agent whose preference cover any couple (x1,x2) , where x1 E R+ and x2E R+.e.g ..apples and oranges , is such that she prefers the bundle that is close to having the same number of apples and oranges . write a utility function

1
Expert's answer
2021-12-03T12:58:37-0500

Or


"U(x_1x_2) = x_1^{R+} x_2^{R+}"


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