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If the utility function is U(c,l)=(1)log(c)+log(l).How can I determine the consumer's optimal choice of consumption and leisure, and show this in a diagram.
If the utility function is U(c,l)=(1)log(c)+log(l).How can I determine the consumer's optimal choice of consumption and leisure, and show this in a diagram.
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World Economic And Social Survey 2012 In Search Of New Development Finance
Authors: United Nations Department Of Economic And Social Affairs
1st Edition
9210555112, 9789210555111
