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Title: If two goods, "x" and "y", are perfect substitutes, then which of the ...
Post by: Llanis on Oct 17, 2017
If two goods, "x" and "y", are perfect substitutes, then which of the following best represents the utility function for the two goods?
A) U = x + y
B) U = x * y
C) U = x2  + y2
D) Any of the above.


Title: Re: If two goods, "x" and "y", are perfect substitutes, then which of the ...
Post by: Tyforumca on Oct 17, 2017
A