Question
Economics Question on Indifference curve analysis
The function e−21x2 is:
A
convex for |x|<1 and concave for |x|>1
B
concave for |x|<1 and convex for |x|>1
C
convex everywhere
D
concave everywhere
Answer
concave for |x|<1 and convex for |x|>1
Explanation
Solution
The correct option is(B): concave for |x|<1 and convex for |x|>1