Re: Demand function

Posted by RichaS on Jun 14, 2017; 7:18am
URL: http://discussion-forum.276.s1.nabble.com/Demand-function-tp7605535p7605559.html

I think we should compare the products instead:

If (M/2px)*(M/2py)>(M/2pw)*(M/2pz) then U=xy, x=I/2px, y= I/2py w=0 and z=0

i.e if px*py< pz*pw