Boundary optimum is the situation where optimal consumption involves consuming zero units of good 2. For instance, a person is indifferent between apple and orange what finally he didn’t like the apples so what should consumer equilibrium looks like.
Boundary optimum is the situation where optimal consumption involves consuming zero units of good 2. For instance, a person is indifferent between apple and orange what finally he didn’t like the apples so what should consumer equilibrium looks like.
Chapter6: Consumer Choice And Demand
Section: Chapter Questions
Problem 1.2P
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4. Boundary optimum is the situation where optimal consumption involves consuming zero units of good 2. For instance, a person is indifferent between apple and orange what finally he didn’t like the apples so what should consumer equilibrium looks like.
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