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  • EAB Assignment 5

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    shreeya ghimire
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    1) The document discusses budget allocation and commodity purchases over multiple time periods. Budgets and purchases are expressed as mathematical functions of time. 2) Optimum commodity purchases are calculated based on budget constraints and price functions. 3) Total utility is calculated to increase by a certain amount when consumption increases according to the budget over time.

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    1) The document discusses budget allocation and commodity purchases over multiple time periods. Budgets and purchases are expressed as mathematical functions of time. 2) Optimum commodity purchases are calculated based on budget constraints and price functions. 3) Total utility is calculated to increase by a certain amount when consumption increases according to the budget over time.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    18 views7 pages

    EAB Assignment 5

    Uploaded by

    shreeya ghimire
    1) The document discusses budget allocation and commodity purchases over multiple time periods. Budgets and purchases are expressed as mathematical functions of time. 2) Optimum commodity purchases are calculated based on budget constraints and price functions. 3) Total utility is calculated to increase by a certain amount when consumption increases according to the budget over time.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

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