Vanna Boogie likes to have large parties. She also has a strong preference for having exactly as many men as women at her parties. In fact, Vanna’s preferences among parties can be represented by the utility function U(x, y) = max {2x − y, 2y − x} where x is the number of women and y is the number of men at the party.
(a) Draw the indifference curve along which Vanna’s utility is equal to 10.
(b) If Vanna has 8 women at her party and more men than women, and if she thinks the party is exactly as good as having 10 men and 10 women, how many men does she have at the party?
(c) Does Vanna have convex preferences between women and men? Why?
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ye bhi humko nhi aata hai please tum apne teacher se puchohellow
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Answer:
lol i don't know
Explanation:
ask your teacher on online classes lol
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