Mike consumes two commodities, x and y, and his utility function is
min(x+2y,y+2x) . He chooses to buy 8 units of good x and 16 units of good y.
The price of good y is 0.5.
Derive price of good x and Mike’s income
圖形我會畫,消費者達到效益最高的消費應該要x=y吧,為什麼他會消費8個x,16個y呢
x的價格又要怎麼獲得呢?
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min(x+2y,y+2x) . He chooses to buy 8 units of good x and 16 units of good y.
The price of good y is 0.5.
Derive price of good x and Mike’s income
圖形我會畫,消費者達到效益最高的消費應該要x=y吧,為什麼他會消費8個x,16個y呢
x的價格又要怎麼獲得呢?
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