Re: Microeco

Posted by Nikkita on Jan 21, 2017; 10:01am
URL: http://discussion-forum.276.s1.nabble.com/Microeco-tp7603102p7603103.html

Q 2. Assume that expenditure functions of two agents A and B, are given by eA(p,u) = k(u)g(p) and eB(p,u) = 2 eA(p,u), where k’(u) >0 , then observable market behaviour of A and B are the same

a)      True

b)      False

c)       Uncertain

(Ans= a)