2. Economics
3. 7 state and explain whether these are monotonic transformations or...

# Question: 7 state and explain whether these are monotonic transformations or...

###### Question details

7. State (and explain) whether these are monotonic transformations or not for the utility function u = (x,y).

f(u) = 3.14u

f(u) = 5000-23u

f(u) = 1/u2