Expenditure function

Summary

• In microeconomics, a consumer's expenditure function describes how much money a consumer needs to be happy. That is, given a utility function and prices, it says how much wealth the consumer would need to reach a desired utility level.

Soundex: E215 ( E215 F523 )

Reference

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Similar Topics

• Aggregate expenditure
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• To Be
• To Be Happy

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Wrong Spelling

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• expenditurefunction