Lec 2: Preferences and Utility Function
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YouTubeMIT OpenCourseWare
Lec 2: Preferences and Utility Function
MIT 14.01 Principles of Microeconomics, Fall 2023 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/14-01F23 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP60V7HxLYRaJMbFzP77bzEjb In this lecture, Prof. Gruber talks about where consumer decisions come from, beginning with consumer preferences ...
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Homothetic Preferences Explained
Suppose preferences are homothetic. Show that\frac{\partial x_i... | Filo
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