Homework Answers
Answer : The answer is option b.
The given utility function is :
u = q1 + 2q2
Here q2 is the double than the q1.
The utility function of option b is :
u = 4q1 + 8q2
Here also q2 is double than the q1.
This means that the utility function of option b and given utility function both of them shows the same preferences. Therefore, option b is correct.
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