Urgent doubt 2

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Urgent doubt 2

addy
Oswald Odd consumes only goods 1 and 2. His utility function is U(x1; x2) = x1 +x2 + min{x1, x2}. Each of Oswald's indifference curves is:
(a) L-shaped.
(b) made up of 3 line segments with slopes -2, -1, and -1/2.
(c) made up of two line segments with slopes -2 and -1/2.
 (d) is smooth and has no kinks.
(e) is a diamond-shaped figure consisting of 4 line segments

Answer is C . But how can you plot this
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Re: Urgent doubt 2

Amit Goyal
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Check that you can write u(x, y)= x+y+min(x,y) as
u(x, y) = 2x +y if x < y
u(x, y) = x+2y if x >=y

For learning how to plot ICs, refer to this video: https://www.youtube.com/watch?v=C1JOiykokNM&index=8&list=PLUJGfL_499TJz9hUatBtUmz0vFMux2tTV
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Re: Urgent doubt 2

addy
Oh thankyou sir
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Re: Urgent doubt 2

Janbaz Ahmed Khan
In reply to this post by Amit Goyal
Hello sir,  sir where  can i find  nicholson and snyder solutions.

Sir please suggest me a
calculus oriented  macroeconomic book
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