Jessicas preferences can be represented by a utility
Jessica's preferences can be represented by a utility function: U(x, y) = max(x, y). Consider a bundle { x = 10, y = 3 }. Draw Jessica's indifference curve containing this bundle. Explain why her preferences are "non-convex"
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jessicas preferences can be represented by a utility function ux y maxx y consider a bundle x 10 y 3 draw jessicas
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