Consumer behaviour, Microeconomics

how do I explain the hicksian and slutsky theory of consumer behaviour in an examination
Posted Date: 11/10/2012 11:23:40 AM | Location : Nigeria







Related Discussions:- Consumer behaviour, Assignment Help, Ask Question on Consumer behaviour, Get Answer, Expert's Help, Consumer behaviour Discussions

Write discussion on Consumer behaviour
Your posts are moderated
Related Questions
FOREIGN EXCHANGE MARKETS: A foreign exchange market (sometimes informally called the forex market, or denoted FEM) is a market in which different currencies are bought and sol

1. Suppose that a monopolistically competitive firm must build a production facility in order to produce a product.  The fixed cost of this facility is FC = $24.  Also, the firm ha

The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. It originated from countries with highly sophisticated fin

#question.contrast the long run equilibrium position of monopolistic competition firm and oligopoly.

Question 1: The price of the good X rises from $1.30 to $1.40. Calculate the price elasticity of demand by using the mid-point method. Question 2: How do you explain the answer

why society has chosen the mixed economy

•Create a demand schedule and a supply schedule for your product.. •Using these schedules, draw a demand curve and a supply curve using PowerPoint or Excel. Use these to determine

Question 1: Using relevant examples to illustrate your arguments analyze the different economic impacts of tourism and discuss the different ways in which government can maximi

having utility function U(x,y)= x1/2=y1/2, determine the hicksian demand function, expenditure function and indirect utility function.

Problem 1: i) Differentiate between the short and the long run. ii) How is production characterised the short run? Explain the fully using numerical and diagrammatic illustr