Re: Isi 2016

Posted by Smith on Mar 22, 2018; 11:26pm
URL: http://discussion-forum.276.s1.nabble.com/Isi-2016-tp7608865p7608910.html

That true! Thanks asd! So basically we never equate the utility functions. We could, however, equate the MRS because that doesn't change after monotonic transformation. But here finding the MRS is not possible because we aren't substituting for anything and/or there are no two goods.That's the point you're making, right?