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Quasilinear preferences / A consumer purchases non-negative quantities of two goods x, and X, to reach a target level of utility u of the following
Quasilinear preferences / A consumer purchases non-negative quantities of two goods x, and X, to reach a target level of utility u of the following functional form: df (x 1 ) d2 f ( x ) u = f(x1) +X2, where > 0 and
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