Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
A utility function is of the form utility = U(QA, QB, ... ,QN), where the variables are [...] A through N. We assume that no quantities are negative (some may be zero), and that holding all other quantities constant while increasing one always results in greater utility.
quantities consumed of goods

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
A utility function is of the form utility = U(QA, QB, ... ,QN), where the variables are [...] A through N. We assume that no quantities are negative (some may be zero), and that holding all other quantities constant while increasing one always results in greater utility.
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
A utility function is of the form utility = U(QA, QB, ... ,QN), where the variables are [...] A through N. We assume that no quantities are negative (some may be zero), and that holding all other quantities constant while increasing one always results in greater utility.
quantities consumed of goods
If you want to change selection, open original toplevel document below and click on "Move attachment"

#### Parent (intermediate) annotation

Open it
A utility function is of the form utility = U(Q A , Q B , ... ,Q N ), where the variables are quantities consumed of goods A through N. We assume that no quantities are negative (some may be zero), and that holding all other quantities constant while increasing one always results in greater utility.</

#### Original toplevel document (pdf)

owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p48

#### Summary

status measured difficulty not learned 37% [default] 0

No repetitions