if you have the utility function uxy min3x y 4y
If you have the utility function U(x,y) = min{3x + y, 4y}. Where x is measured on the horizontal axis and y is on the vertical axis. How would you figure out what the indifference curve consists of?
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if you have the utility function uxy min3x y 4y where x is measured on the horizontal axis and y is on the vertical axis how would you figure
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