北大微观经济学课件(英文版)ch4Utility-公开课件（设计）.pptVIP

* 中级微观经济学 Marginal Utilities and Marginal Rates-of-Substitution rearranged is This is the MRS. * 中级微观经济学 Marg. Utilities Marg. Rates-of-Substitution; An example Suppose U(x1,x2) = x1x2. Then so * 中级微观经济学 Marg. Utilities Marg. Rates-of-Substitution; An example MRS(1,8) = - 8/1 = -8 MRS(6,6) = - 6/6 = -1. x1 x2 8 6 1 6 U = 8 U = 36 U(x1,x2) = x1x2; * 中级微观经济学 Marg. Rates-of-Substitution for Quasi-linear Utility Functions A quasi-linear utility function is of the form U(x1,x2) = f(x1) + x2. so * 中级微观经济学 Marg. Rates-of-Substitution for Quasi-linear Utility Functions x2 x1 MRS = -