lecture 1 Flashcards

1
Q

What is choice under certainty?

A
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2
Q

What are the difference kind of preference? What is a preference?

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3
Q

What are the rationality conditions?

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4
Q

What is a menu?

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5
Q

What is a utility? what does it rapresent?

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6
Q

To analyze conumer choice what other conditions must be satisfied?

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7
Q

What is a budget set?

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