shanedawson19
07.07.2021 •
Business
Consider two individuals A and B, both of whom have preferences defined over two goods x and y:
U(x, y) = -1/2(1-x)^2 - 1/2 (1-y)^2
Assume that Px = Py = 1.
a. Suppose that individual A has an income of $2 and individual B has an income of $0.50. Set up and solve both (UMP]s. What is each individual's optimal consumption bundle?
b. Compare the marginal utilities of each good between individuals A and B at the optimal bundle. Is either individual satiated? What implications does this have for their marginal utilities of income? Explain.
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Ответ:
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ᵕ꒳ᵕ ᵘ ꒳ ᵘ ᵘʷᵘ ⒰⒲⒰ પฝપ ሁሠሁ ⓤⓦⓤ ｕｗｕ ＵｗＵ ᵾwᵾ (ᵘʷᵘ) (ᵘﻌᵘ) ˯˽˯ (◡ ω ◡) (◡ ꒳ ◡) (◡ w ◡) (◡ ሠ ◡) (˘ω˘) (⑅˘꒳˘) (˘ᵕ˘) (˘ሠ˘) (˘³˘) (˘ε˘) (´˘`) (´꒳`) (˘ ˘ ˘)⭜ ( ᴜ ω ᴜ ) ( ´ω` )