What role does consumer utility maximization play in a general equilibrium analysis? What is the role played

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What role does consumer utility maximization play in a general equilibrium analysis? What is the role played by firm cost minimization in a general equilibrium analysis?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 05:08 AM

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What role does consumer utility maximization play in a general equilibrium analysis? What is the role played

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In a general equilibrium demand for finished products comes f...View the full answer

Microeconomics

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