=+B. Now suppose your tastes were given by u1c , ,2 5 c a , 112a2 ,
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=+B. Now suppose your tastes were given by u1c , ,2 5 c a
, 112a2
, where c is consumption dollars net of commuting expenses and , is leisure consumption net of time spent commuting. Suppose your leisure endowment is L and your wage is w.
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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