min utility function U= min ( 2x+y , x+2y)

Utility function when goods are perfect complements

Indifference curves and marginal rate of substitution | Microeconomics | Khan Academy

UTILITY FUNCTION ( 4 types)I MICROECONOMICS

Consumer Utility, Marginal Utility, and Marginal Rate of Substitution

U=min(x,y)+max(x,y) Utility function Constrained optimization

Max utility function U= max(x1, x2)+min(x1,x2) st 4x1+8x2=40 . hybrid utility function.

Max Utility: U = min(2x + y, 2y)

Perfect Complement Utility Funtions: Deriving Demand Functions

Utility function when goods are perfect substitutes

Finding optimal quantities from the given utility function and budget Constraint

(M2E7) [Microeconomics] How to Draw Indifference Curves of Min Function, U=min{ax+by,cx+dy}

DERIVATION OF MRS FROM UTILITY FUNCTION

4.33 Utility I Analyse MRS for min function /Hal Varian Workbook.(chaos master)

Utility Maximization: U = min(x, y^0.5)

why perfect complements have the utility function of the form u=min{ax,by}

Perfect Complements Utility: Marginal Rate of Substitution

Homothetic Utility Functions and Preferences

Common Utility Functions

Perfect Complements utility function U =min{ax, by} |Perfect Substitutes Utility function U = ax+by|