Re: ISI Interview Question
Posted by
happy on
Jun 16, 2017; 11:48am
URL: http://discussion-forum.276.s1.nabble.com/ISI-Interview-Question-tp7605699p7605712.html
concave increasing means utility of x increases at decreasing rate
An example of concave increasing function

X-Axis = qty of x
Y-Axix = U(x)