Re: problem code : 090609MICRO

Posted by namrata on Jun 09, 2009; 4:53pm
URL: http://discussion-forum.276.s1.nabble.com/problem-code-090609MICRO-tp3050024p3050715.html

a.c =1 f =2
b c=3 f=6
the 3rd part am not very sure...if the gove gives the in kind subsidy,that is equivalent to 10 rs of the money income.but the consumer doesnt need to spend this 10 rs.so he has 20 rs and he consumes c =1+4=5 and f = 2.5
so his utilty is 2.87