Re: Indifference curves for utility functions of form min(ax+by, cx+dy)

Posted by vikram on Jun 08, 2012; 2:40pm
URL: http://discussion-forum.276.s1.nabble.com/Indifference-curves-for-utility-functions-of-form-min-ax-by-cx-dy-tp7577527p7577575.html

Thanks, s!

But can you also state what will be the corresponding relation between px and py (because there will be a,b,c,d involved as well). px=py works only in case utility function is the simple case U(x,y)=min(x,y).