V) Duality & Welfare Evaluations Flashcards
1
Q
What is the optimal choice for a consumer?
A
max u(q1,q1) s to p1q1 +p2q2 =x
2
Q
A
Economic behavior > V) Duality & Welfare Evaluations > Flashcards
What is the optimal choice for a consumer?
max u(q1,q1) s to p1q1 +p2q2 =x