Explain how I would find the optimal future and current consumption for a logarithmic utility function and

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Explain how I would find the optimal future and current consumption for a logarithmic utility function and again for a utility function with perfect substitutes.

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 26, 2024 03:17 AM

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Explain how I would find the optimal future and current consumption for a logarithmic utility function and

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To find the optimal future and current consumption for different utility functions we need to maximi... View the full answer

Microeconomics An Intuitive Approach with Calculus

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