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 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 [...] utility.
always results in greater

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 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 [...] 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 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 [...] utility.
always results in greater
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f 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 <span>always results in greater utility.<span><body><html>

#### Original toplevel document (pdf)

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

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