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Other Fields Homework Help Economics Topic started by: Ao9 on Oct 27, 2015



Title: We assume that the representative consumer's preferences exhibit the properties that
Post by: Ao9 on Oct 27, 2015
We assume that the representative consumer's preferences exhibit the properties that
A) each consumer has one strictly favorite period of time for consumption and that current and future consumption are both normal goods.
B) current and future consumption are both normal goods and that the consumer likes diversity in his or her consumption bundle.
C) more is always preferred to less and that each consumer has one strictly favorite period of time for consumption.
D) they are convex and that more is always preferred to less.


Title: Re: We assume that the representative consumer's preferences exhibit the properties that
Post by: Gordis on Oct 29, 2015
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Title: Re: We assume that the representative consumer's preferences exhibit the properties that
Post by: Ao9 on Nov 2, 2015
Solved!!


Title: Re: We assume that the representative consumer's preferences exhibit the properties that
Post by: Gordis on Nov 2, 2015
You're welcome ;) Message me if you need any more assistance with your other questions.