Utility Function and monotonic transformation

timer Asked: Sep 24th, 2015

Question description

Consider the utility function U(x1, x2 ) = rad(x1x2) . What kind of preferences does it represent? Is the function v(x1, x2 ) = x1^2 x2 a monotonic transformation of u(x1, x2 )? Is the function w(x1, x2 ) = x1 ^2 x2^ 2 a monotonic transformation of U(x1, x2 )? 

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