Simple Preference Explorer Preference Types Explorer Interactive Preference Types Explorer Understanding Homothetic vs Quasilinear Preferences Homothetic Quasilinear General Homothetic Preferences Substitution Parameter (α): 0.5 Income Level: 100 Price Ratio (Px/Py): 1.0 Quasilinear Preferences Curvature (β): 0.5 Income Level: 100 Price of X: 2.0 General Preferences Substitution (α): 0.5 X Preference Strength: 1.0 Y Preference Strength: 1.0 Income Level: 100 Price Ratio (Px/Py): 1.0