Question

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

Answer 1

a) A utility function, with both functions representing the same preference ordering