axioms of consumer preference, Microeconomics

determine if completeness and transitivity are satisfied for the following preferences defined on x=(x1,x2)and y=(y1,y2);if x>y or x=y and x2>y2,if for min{x1,x2}
Posted Date: 11/22/2012 6:13:49 PM | Location : Nigeria







Related Discussions:- axioms of consumer preference, Assignment Help, Ask Question on axioms of consumer preference, Get Answer, Expert's Help, axioms of consumer preference Discussions

Write discussion on axioms of consumer preference
Your posts are moderated
Related Questions

Measured cell emf are the basis for standard electrode potentials. chemistry assignments A method for the presentation of the data obtained from measurements of the equilibrium

Advantages of Division of labour: Division of labour has advantages including the following: Development of Greater Skill by the Worker In division of labour, each

Organic biochemistry is really as well as biochemistry. This is because the as well as atom is the central source of all existing creature's substances. 8 protons and 8 electro

Answer the following questions based on the graph that represents J.R.'s demand for ribs per week at Judy's Rib Shack. a.  How high must the price of ribs be for Judy to supply

Regardless of the market structure, oligopolist and the monopolist maximize their TR when MR=0. Do you agree?

How might one measure differences in living standards between less developed and developed countries?  This is a very wide question where any clear and relevant calculate shoul

What is main difference between nominal money supply and real money supply?  Real money supply is the supply of real money in the economy. Real money is supplied considering th

Graphical Representation of Various Returns: Diminishing Returns: If the TP curve is as shown in the adjacent Figure, then the MPL given by tanθ  is throughout less than the A

The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded.