Question 3 · Microeconomía II UPF 2016

Tema: Preferences, indifference curves and utility functions · Del examen Midterm Exam - Microeconomics I (May 2016) (2016)

Enunciado

Question 3 (4 points). Equation of an indifference curve

Sandra's preferences over two goods are described by the utility function U(x1,x2)=16x11/2x2U(x_1, x_2) = 16x_1^{1/2}x_2. Which expression correctly defines the indifference curve associated with a fixed utility level of Uˉ=64\bar{U} = 64?

Enunciado: Question 3 · Microeconomía II UPF 2016

Solución

Según los criterios oficiales de corrección

Which expression correctly defines the indifference curve associated with a fixed utility level of Uˉ=64\bar{U} = 64?

Solución: c. x2=4x11/2x_2 = \frac{4}{x_1^{1/2}}

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