Consider two utility functions
\(\rm U=q_1^{1.5}q_2\ and\ V=q_1^6q_2^4+1.5\ lnq_1+lnq_2\)
Choose the correct answer:
1
V is a log linear transformation of U.
2
V is an increasing monotonic transformation of U.
3
V is a decreasing monotonic transformation of U.
4
V is a Cobb-Douglas transformation of U.