isi 2010 me2

classic Classic list List threaded Threaded
2 messages Options
Reply | Threaded
Open this post in threaded view
|

isi 2010 me2

SHIKHA
This post was updated on .
CONTENTS DELETED
The author has deleted this message.
Ram
Reply | Threaded
Open this post in threaded view
|

Re: isi 2010 me2

Ram
Hi, Even I think for the first part we can do the general maximization. and for the second part we can assume the utility function as any of the following
U(x,y)=x+y  or  U(x,y)=min(x,y)  or U(x,y)=(xy)^1/2  and then proceed with the general maximization problem since the functions are symmetric we will get x=y  
I may be wrong but this is what i thought on this question.