Re: JNU- 2010 Doubt

Posted by Dreyfus on May 05, 2014; 9:58am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2010-Doubt-tp7585489p7588606.html

@ron....quasilinear preferences represents the marginal utility associated with one good is constant and for other good the marginal utility isn't constant but can be in any form. Here mu of good x is 1/x and for y it is 1 constant!
Therefore preferences are quasilinear in good x!