4. Any monotonically increasing function of a utility function, is itself:
a. A utility function, with both functions representing the same preference ordering
b. A different utility function, with both functions representing the different preference ordering
c. A utility function, with both functions representing the different preference ordering
d. A different utility function, with both functions representing the same preference ordering
1
Expert's answer
2020-04-13T09:17:28-0400
a) A utility function, with both functions representing the same preference ordering
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment