The utility function U(x1, x2) = 2lnx1 + 3lnx2, represents Cobb-Douglas preferences.

The utility function U(x1, x2) = 2lnx1 + 3lnx2, represents Cobb-Douglas preferences.

The utility function U(x1, x2) = 2lnx1 + 3lnx2, represents Cobb-Douglas preferences.



Answer: True