=+B. Suppose that tastes over consumption and leisure are described by a constant elasticity of substitution utility
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=+B. Suppose that tastes over consumption and leisure are described by a constant elasticity of substitution utility function u1c,,2 5 10.5c 2r 1 0.5, 2r 2 21/r
.
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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