indirect utility function Roy's identity Consumer behaviour | microeconomics #mathematicaleconomics
ECON MATHS
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indirect utility function Roy's identity Consumer behaviour | microeconomics #mathematicaleconomics
2 439 просмотров · 4 г. назад
ECON MATHS
56,5 тыс. подписчиков
2 439 просмотров · 4 г. назад
Assume a consumer with utility function in the form U = X1 X2/ X1+X2. Prove that the Indirect utility function is V= M/(P1+P2+√P1P2)