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    Business
  3. Study Set
    Intermediate Microeconomics
  4. Exam
    Exam 3: Utility
  5. Question
    The Utility Function U(x<sub>1</sub>, X<sub>2</sub>) = 2lnx<sub>1</sub> + 3lnx<sub>2</sub> Represents
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The Utility Function U(x1, X2) = 2lnx1 + 3lnx2 Represents

Question 46

Question 46

True/False

The utility function U(x1, x2) = 2lnx1 + 3lnx2 represents Cobb-Douglas preferences.

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