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Results tagged with consumer-theory
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user 30173
the study of consumer choice and its fundamental underpinnings in preferences and constraints.
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Proving that Marshallian demand is of the form: $x_i^*(p,I) = \hat{x}_i^*(p)I$ with certain ...
Can I please have some feedback/help proving the following. My proof is below but I am quite uncertain as to whether my solution is efficient. Thank you.
If $u(x)$ is a homothetic utility, then show t …
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