Would you say that Neymar and Luis have the same tastes That

Would you say that Neymar and Luis have the same tastes? That is, would both of them rank a given set of bundles equally?

True or False

Solution

Suppose we consider utility function for bundle (x^,y^) as (2,4)

Neymars utility function= 5x^.4y^.6

=5*2*4*4*6

=960

while Luis\' utility function = x^.4y^.6

=2*4*4*6

=192

Thus they will not rank the given bundles equally.

They dont have same tastes

answer is false

Would you say that Neymar and Luis have the same tastes? That is, would both of them rank a given set of bundles equally? True or FalseSolutionSuppose we consid

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