Content deleted Content added
Rescuing 1 sources and tagging 0 as dead. #IABot (v1.6beta) |
Small typographical error was corrected |
||
Line 37:
the indirect utility function has (assuming an interior solution) the form:
::<math>v_i(p, m) = v_i(p) + m</math>
which is a special
Indeed, the marshallian demand function for the nonlinear good of consumers with quasilinear utilities does not depend on the income at all (in this quasilinear case, the demand for the linear good is linear in income):
| |||