# Questions tagged [consumption]

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### Deriving consumption in UMP

I have a hometask in advanced macroeconomics discipline where I'm working with a utility maximization problem. The consumer lives in 4 periods, t = 0, 1, 2, 3 His lifetime utility is given by a ...
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### Finding optimum consumption bundle if given only the prices and income [closed]

For example, if the income is 1000 and the price of goods x and y are 10 and 4 respectively. How do you go about finding the optimum consumption bundle if MU is not given at all ?
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### Is there a place to get raw consumer data?

I was looking at an app on Iphone which allows people to track their meals, and trying to think, how would I build variance of taste into an economics sim ? And the only thing I can think is raw ...
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### Why salaries counted under Government expenditure in GDP

In the expenditure approach of GDP calculation, why are government employee's salary counted under Government approach while for private firms, we don't count salaries. I am unable to understand if ...
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### How to prove that the walrasian demand function $x(p,w)$ is continuous in $p$ and $w$?

If the utility function $u$ is continuous and satisfies local nonsatiation, and walrasian demand function $x(p, w)$ is a function (i.e. always map to only single values), how to prove that $x(p,w)$ is ...
107 views

### Why does strictly Walrasian demand with quasi-concave utility function mean that the walrasian demand having only one single consumption bundle?

In the context of Walrasian demand: Suppose u is continuous, satisfies local nonsatiation, and is strictly quasi-concave, each $w(p, x)$ contains a single consumption bundle. The proof I got from a ...