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Midterm Exam, Econ 210A, FallElmer Kink’s utility function is min{x1 , 2x2 }. Draw a few indifference curves for Elmer. Find each of the following for Elmer: • His Marshallian demand function for each good.
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Document Date: 2008-11-03 16:55:56
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Midterm Exam, Econ 210A, FallElmer Kink’s utility function is min{x1 , 2x2 }. Draw a few indifference curves for Elmer. Find each of the following for Elmer: • His Marshallian demand function for each good.