Henry's utility function is x² + 16xw + 64w², where x is his consumption of x and w is his consumption of w. A) Henry's preferences are nonconvex. B) Henry's indifference curves are straight lines. C) Henry has a bliss point. D) Henry's indifference curves are hyperbolas. E) None of the above.

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The Answer of Henry's utility function is x² + 16xw + 64w², where x is his consumption of x and w is his consumption of w. A) Henry's preferences are nonconvex. B) Henry's indifference curves are straight lines. C) Henry has a bliss point. D) Henry's indifference curves are hyperbolas. E) None of the above.

Henry's Utility Function Is X2 + 16xw + 64w2, Where

Henry's Utility Function Is X² + 16xw + 64w², Where