Author Question: With this utility function, the bundle (3,2) provides the same utility as the bundle: a. (2, 3). ... (Read 73 times)

lb_gilbert · **on:** Jul 1, 2018

With this utility function, the bundle (3,2) provides the same utility as the bundle:
a. (2, 3).
b. (2, 4).
c. (2, 5).
d. (3, 3).

Question 2

Uncertainty includes all of the following except ____.
a. unknown effects of deliberate actions
b. incomplete information as to the type of competitor
c. random disturbances
d. unverifiable claims
e. accidents due to weather hazards