B. Suppose your tastes over current consumption c1 and future consumption c2 can be modeled through the

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B. Suppose your tastes over current consumption c1 and future consumption c2 can be modeled through the utility function u1c1

, c2 2 5 c1 a

c2 112a2

, your current income is I, and you will earn no income in the future. The real interest rate from this period to the future is r.

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 05, 2024 10:00 AM

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B. Suppose your tastes over current consumption c1 and future consumption c2 can be modeled through the

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Microeconomics An Intuitive Approach With Calculus

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