Consumer surplus and budget constrained preference maximization: A note
The paper attempts to rectify what appear to be popular but elementary misconceptions about the concept of consumer surplus in the context of Marshallian demand curves. It is primarily addressed to teachers of microeconomics at the undergraduate level or in MBA programs of business schools. The main...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
AGH UNIVERSITY PRESS
2020-10-01
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| Series: | Managerial Economics |
| Online Access: | https://journals.agh.edu.pl/manage/article/view/4018 |
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