Indirect Utility Function., Microeconomics

Assignment Help:

M.Phil. Admission Test, 2017
Economics
Model Question
Group A
Domain Knowledge in Economics
Correct answer is as marked in black.
Micro Economics
1. Consider a utility function U =
x
3
y
6
. What is the indirect utility function if prices of x and
y and income are denoted by
p
x
,
p
y
and M respectively?

Related Discussions:- Indirect Utility Function.

Impacts on the mauritian economy, Problem: (a) Define money and briefl...

Problem: (a) Define money and briefly explain its core functions. (b) Explain the relationship between interest rate and price of bonds, illustrate using example. (c)

Consumer Behavior, Ask questioThe difference between the present value of c...

Ask questioThe difference between the present value of cash inflows and the present value of cash outflows over a period of time is termed as Net Present Value. This is used for th

Healthcare economics, #quesExamine the expenditure trends over the last 40 ...

#quesExamine the expenditure trends over the last 40 years. What are the direction and magnitude of changes in spending in and between these various categories (with the exception

Demand and supply, how to draw a table of the demand and supply scdule

how to draw a table of the demand and supply scdule

Assignment, If the Bank of England wanted to discourage investment spending...

If the Bank of England wanted to discourage investment spending and reduce aggregate demand, it could?

Equations, Ask q3x+5=20 uestion #Minimum 100 words accepted#

Ask q3x+5=20 uestion #Minimum 100 words accepted#

Diminishing MRS, why diminish MRS?

why diminish MRS?

Managrial economics, data of past 20 years regarding price, wage, employmen...

data of past 20 years regarding price, wage, employment, productivity, investment, profit or loss.

Cost theory, What are the economies and diseconomics of scale?

What are the economies and diseconomics of scale?

Demand and supply curve with externalities, # 1 Question: Consider a compet...

# 1 Question: Consider a competitive market for Berries. The market demand for the berries is Qd=50-P (Qd is the quantity demanded (cartons) and P is the price in $. The market sup

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages