Re: can someone please post solutions to pareto optimal questions of dse 2014?

Posted by knowpraveen on Jun 09, 2015; 2:48am
URL: http://discussion-forum.276.s1.nabble.com/can-someone-please-post-solutions-to-pareto-optimal-questions-of-dse-2014-tp7597203p7597520.html

How did you come up with the monotonically increasing function as the one which satisfies the given conditions? Can you demonstrate?

If (a,b) and (c,d) are indifferent bundles, how does this condition follow - (a+c)/2, (b+d)/2 for the utility function ln (x)+ y. Please explain. I couldn't attempt several questions in the previous que. papers as it needs thorough understanding of the graphs and various utility mathematical functions and their patterns. How do I go about this? Please help.