{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T18:14:11-04:00", "answer_date": "2024-05-26 18:14:11", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1753898", "url": "\/study-help\/questions\/suppose-we-have-one-consumer-with-a-cobb-douglas-utility-1753898", "question_creation_date_js": "2024-05-26T18:14:11-04:00", "question_creation_date": "May 26, 2024 06:14 PM", "meta_title": "[Solved] Suppose we have one consumer with a Cobb | SolutionInn", "meta_description": "Answer of - Suppose we have one consumer with a Cobb Douglas utility function for consumption, x, and leisure, R: u(x, Ralnx+(1-a) | SolutionInn", "meta_keywords": "one,consumer,cobb,douglas,utility,function,consumption,x,leisure,ralnx+,1-,endowed", "question_title_h1": " Suppose we have one consumer with a Cobb Douglas utility function for consumption, x, and leisure, R: u(x, Ralnx+(1-a) In R. The consumer is", "question_title": " Suppose we have one consumer with a Cobb Douglas utility function", "question_title_for_js_snippet": "Suppose we have one consumer with a Cobb Douglas utility function for consumption, x, and leisure, R u(x, Ralnx (1 a) In R The consumer is endowed with one unit of labor leisure and there is one firm with a constant returns to scale technology r aL Determine (p, w) and R(p, w) ", "question_description": "\"image", "transcribed_text": "Suppose we have one consumer with a Cobb Douglas utility function for consumption, x, and leisure, R: u(x, Ralnx+(1-a) In R. The consumer is endowed with one unit of labor\/leisure and there is one firm with a constant-returns to scale technology: r = aL. Determine (p, w) and R(p, w).", "related_book": { "title": "Fundamental Accounting Principles", "isbn": "1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870", "edition": "20th Edition", "authors": "John J. Wild, Ken W. Shaw, Barbara Chiappetta", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/202.jpg", "uri": "\/textbooks\/fundamental-accounting-principle-20th-edition-202", "see_more_uri": "" }, "free_related_book": { "isbn": "0824758099", "uri": "\/textbooks\/preformulation-in-solid-dosage-form-development-1st-edition-9780824758097-125918", "name": "Preformulation In Solid Dosage Form Development", "edition": "1st Edition" }, "question_posted": "2024-05-26 18:14:11", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/a-database-is-to-be-made-to-store-information-about-377130", "description": "A database is to be made to store information about a catalogue of CDs. Information to be stored about each CD includes title, price, genre, and a list of tracks. 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