“compensated demand”的概念、定义、翻译、参考文献-科学参考

compensated demand

Economics

Demand for a good expressed as a function of prices and utility. Compensated demand functions are obtained by the minimization of expenditure subject to the achievement of a given level of utility. Assume there are two goods consumed in quantities x₁ and x₂ with prices p₁ and p₂. Represent the preferences of the consumer by the utility function U(x₁, x₂). The compensated demand functions for the two goods are obtained as the solution to

$min p_{1} x_{1} + p_{2} x_{2} subject to U (x_{1}, x_{2}) \geq U$

where U is the utility level that must be achieved. The structure of the minimization shows that the compensated demand functions can be written in the form x_i = h_i(p₁, p₂, U), i = 1, 2. See also Marshallian demand.

单词	compensated demand
释义	compensated demand Economics Demand for a good expressed as a function of prices and utility. Compensated demand functions are obtained by the minimization of expenditure subject to the achievement of a given level of utility. Assume there are two goods consumed in quantities x₁ and x₂ with prices p₁ and p₂. Represent the preferences of the consumer by the utility function U(x₁, x₂). The compensated demand functions for the two goods are obtained as the solution to $min p_{1} x_{1} + p_{2} x_{2} subject to U (x_{1}, x_{2}) \geq U$ where U is the utility level that must be achieved. The structure of the minimization shows that the compensated demand functions can be written in the form x_i = h_i(p₁, p₂, U), i = 1, 2. See also Marshallian demand.
随便看	genal spine GenBank gendarme gender gender bender genderlect gene genealogy gene amplification gene bank gene cloning gene conversion gene editing gene expression gene family gene flow gene frequency gene imprinting gene knockout gene library gene manipulation gene mutation Gene Ontology gene pool gene probe