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Question 8 indifference curves are strongly monotonic and convex, _ indifference curves are strongly monotonic but only weakly convex, and _ indifference curves are strongly convex but only weakly monotonic. CD = Cobb-Douglas, QL = Quasi-linear, PS = Perfect Substitutes, PC = Perfect Complements. PS & PC, CD & QL, None CD, QL & PS, PC CD & QL, PS, PC All, None, None Question 9 What is the slope of the indifference curve for the utility function U(x, y) = x · y^(1/3) when (x, y) = (3, 2)? 9/2 -2 2 -9/2

          Question 8
indifference curves are strongly monotonic and convex, _________ 
indifference curves are strongly monotonic but only weakly convex, and _________ 
indifference curves are strongly convex but only weakly monotonic. CD = Cobb-Douglas, QL = Quasi-linear, PS = Perfect Substitutes, PC = Perfect Complements.
PS & PC, CD & QL, None
CD, QL & PS, PC
CD & QL, PS, PC
All, None, None
Question 9
What is the slope of the indifference curve for the utility function
U(x, y) = x · y^(1/3) when (x, y) = (3, 2)?
9/2
-2
2
-9/2

Question 8
indifference curves are strongly monotonic and convex,
indifference curves are strongly monotonic but only weakly convex, and
indifference curves are strongly convex but only weakly monotonic. CD = Cobb-Douglas, QL = Quasi-linear, PS = Perfect Substitutes, PC = Perfect Complements.
PS PC, CD QL, None
CD, QL PS, PC
CD QL, PS, PC
All, None, None
Question 9
What is the slope of the indifference curve for the utility function
U(x, y) = x · y^(1/3) when (x, y) = (3, 2)?
9/2
-2
2
-9/2

Added by Tyler J.

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