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Consumer utility function taker the
Consumer utility function taker the following form. U(X1, X2)=min(aX1, X2) were X is a positive number.
a)find consumer demand
1 answer
asked by
Evaristi Paulo
153 views
Consumer utility function taker the following form. U(X1, X2)=min(aX1, X2) were X is a positive number.
a)find consumer demand
1 answer
asked by
Evaristi Paulo
162 views
1) Imagine that the utility a consumer derives from consuming goods A and B is given by the utility function U (QA,QB)= QAQB
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asked by
Ayansa Dabesa soboka
112 views
Imagine that the utility a consumer derives from consuming goods A and B is given by the utility function U (Qa,Qb)= QaQb with
1 answer
asked by
Ayansa Dabesa soboka
131 views
Consider the problem of a rational consumer with an experienced utility function given by 10√x+m. Let q denote the market
0 answers
asked by
Aditi
634 views
A consumer consuming two commodities X and Y has the following utility function .If the price of the two commodities are Birr 1
1 answer
asked by
Sadam
129 views
consumer consuming two commodities X and Y has the following utility function .If the price of the two commodities are Birr 1
1 answer
asked by
Those who want to be...
133 views
A consumer consuming two commodities X and Y has the utility function
U(X,Y) XY 2X . The prices of the two commodities
1 answer
106 views
A consumer utility takes the following form, U(X1, X2)=min(aX1, X2) were "a" is a positive parameter.
a) find consumer demand
1 answer
asked by
Evaristi Paulo
161 views
I've been trying this problem for a few hours and still don't know where I'm going wrong:
Consider a rational consumer with a
0 answers
asked by
ace
384 views