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Monetary Equivalent Utility GainsOrdinary demand curve for gasolineConsumers SurplusThe difference between the consumers reservation-price and ordinary demand curves is due to ie if the consumers
Click You can buy as much gasoline as you wish at 1 per gallon once you enter the gasoline market. Q: What is the most you would pay to enter the market Equivalent Utility Gainsr3The dollar equiva
不确定性当出现一种特殊状态时或有消费计划才履行例如假如没有事件发生才去度假20禀赋消费束m不确定性情况下的偏好 0不确定性情况下的偏好U( 45)EU=7 0EU=7U( 45) = EU ? 风险中性 90不确定性情况下的偏好EUaQ: 不确定性条件下的怎么进行理性选择A: 选择最受消费者偏好的且消费者可承担的或有消费计划Caa或有状态预算约a假设保险市场进出自由预期经济
Click x1Rational Constrained Choicex1Rational Constrained ChoiceThe most preferredof the Constrained Choicex2x2The most preferred affordable bundle is called the consumers ORDINARY DEMAND at the give
Clickparing two different consumption bundles x and y: strict preference: x is more preferred than is preference: x is as at least as preferred as is : x is exactly as preferred as is y and
Click You can buy as much rice as you wish at RMB1 per kilogram once you enter the gasoline market. Q: What is the most you would pay to enter the market Equivalent Utility Gainsr3The dollar equiva
Click Money equivalent of utility gains to tradeConsumers surplusChanges in consumers surplupensating and equivalent variationsProducers surplus中级微观经济学 Equivalent Utility Gains32023321So r1 …
you share some examples
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