Member since June 11, 2017

WannabeNerd

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WannabeNerd
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Economics, Microeconomics, Utility, Perfect Complements
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Perfect Complements - Is min the same as max?
Sun 11 Jun, 2017 12:36 pm - I have a questions that says "The utility function is U(x.y) = max{x,2y}...." Would I solve for the indifference curve as if it read "U(x,y) = min{x,2y}"? If not, what is the... (view)
 
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