asked 172k views
0 votes
Consider the utility function u(x1,x2)=4x1x2. Which of the following mathematical expressions represents an indifference curve associated with this function?

Group of answer choices
a. x2=4x1
b. x2=1/x1
c. x2=4−x1
d. x2=4+x1

1 Answer

3 votes

Final answer:

The indifference curve associated with the utility function u(x1, x2) = 4x1x2 is represented by the mathematical expression x2 = 4 / x1.

Step-by-step explanation:

The utility function given is u(x1, x2) = 4x1x2. To find an indifference curve associated with this function, we need to find combinations of x1 and x2 that yield the same level of utility. Indifference curves can be represented by mathematical expressions that equate utility values. In this case, the correct mathematical expression representing the indifference curve is x2 = 4 / x1.

answered
User Duellsy
by
7.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.