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Anit [1.1K]
4 years ago
6

Clara's utility function u(x,y)=(x+2)(y+1). write n equation for clara's indifference curve that goes through the point (x,y)=(2

,8)
Mathematics
1 answer:
professor190 [17]4 years ago
7 0

we are given equation as

u(x,y)=(x+2)(y+1)

clara's indifference curve that goes through the point (x,y)=(2,8)

we can plug x=2 , y=8

u(x,y)=(2+2)(8+1)

u(2,8)=36

now, we can set it equal

we get

36=(x+2)(y+1)

now, we can solve for y

\frac{\left(x+2\right)\left(y+1\right)}{x+2}=\frac{36}{x+2}

y+1=\frac{36}{x+2}

y=\frac{36}{x+2}-1..........Answer

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