Plot the indifference curves using the representation 𝑦
∝ 𝑡
1− ∝ = k for 5 values of k. Make sure
k is increasing so we can see the optimal point
∝ 𝑡
1− ∝ = k for 5 values of k. Make sure
k is increasing so we can see the optimal point
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.