Standard consumer theory says that rational consumers will select their consumption of goods A and B such that , with of course the tiny disclaimer that for some pairs of goods, there will be a corner solution; that is, for some goods A and B, some consumers will optimize not according to the preceding expression, but by consuming
Zero marginal utility goods
Zero marginal utility goods
Zero marginal utility goods
Standard consumer theory says that rational consumers will select their consumption of goods A and B such that , with of course the tiny disclaimer that for some pairs of goods, there will be a corner solution; that is, for some goods A and B, some consumers will optimize not according to the preceding expression, but by consuming