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Topic: confusion with 1.49(b)
Conf: Chapter 1, Consumer Theory, Msg: 13371
From: Martin Caley (martin.caley@economics.treasury.gov.im)
Date: 9/29/2003 06:20 AM

confusion with 1.49(b) Martin Caley MCaley martin.caley@economics.treasury.gov.im Dear Geoffrey

But doesn't that mean that the demand for all the other goods is zero as A(p) is a function of the price of x alone? I was also wondering what homogeneity condition would have to be satisfied by v(p,y).

A truly great book! I wish I had had it when I was a student.

Best wishes

Martin