Re: micro
Posted by shashi on Jun 15, 2009; 3:16am
URL: http://discussion-forum.276.s1.nabble.com/micro-tp3041812p3078375.html
utility funtion as well as additional information related to dd of the consumer is also provided......so ,U = min. (x+y, 2y)=x+y....now we have the case of perfect substitute....since no information is given related to the availability of both goods...by this behaviour of consumer......it seems that px must=py