Answer to Question #109195 in Microeconomics for negina

Question #109195
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 


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