Why does a linear utility function describe goods that are perfect substitutes and not complementary to each
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Why does a linear utility function describe goods that are perfect substitutes and not complementary to each other? Why does a Koopmans-Leontief utility
function describe goods that are perfect complements and not substitute for each other?
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Related Book For
Microeconomics Static And Dynamic Analysis Springer Texts In Business And Economics
ISBN: 9783031105531
1st Edition
Authors: Krzysztof Malaga, Karolina Sobczak
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