Re: Help @ akshay

Posted by Akshay Jain on Jun 09, 2014; 3:54am
URL: http://discussion-forum.276.s1.nabble.com/Help-akshay-tp7591985p7591986.html

@ashutosh....concavity implies quasiconcavity
and if utility function is quasiconcave then it imples that indifference curves will be convex to the origin....
and it is not neccessary that utility functions r alwys concave.....
if u r able to show that a particular function is quasiconcave den it automatically means that IC will be convex....