Intermediate Microeconomics · 免费预览

偏好的性质与边际替代率(MRS)

假定偏好具有完备性、自反性和传递性;无差异曲线对商品组合进行排序而不衡量其效用;边际替代率是这些曲线的斜率;凸性则是使选择行为表现良好的假设。

1. Three quiet assumptions

Three quiet assumptions

2. The slope of indifference

The slope of indifference

3. Diminishing MRS and convexity

Diminishing MRS and convexity

4. The zoo of shapes

The zoo of shapes

5. Transitivity's job

Why does the transitivity assumption matter so much for the theory of choice?

6. Computing the MRS

For u=x1x2u = x_1 x_2, what is the marginal rate of substitution at the bundle (3,6)(3, 6)?

7. Diminishing MRS in action

A consumer on the curve x1x2=16x_1 x_2 = 16 moves from (2,8)(2, 8) to (8,2)(8, 2). What happens to the MRS and what does it mean?

8. Identifying complements

A consumer always uses exactly two units of good two with one unit of good one. What do the indifference curves look like and where is a best affordable bundle likely to sit?

9. The trade rate at a bundle

For u=x1x2u = x_1 x_2 at the bundle (3,6)(3, 6), compute the marginal rate of substitution in absolute value, and write the number.

10. Staying on the curve

On the indifference curve x1x2=16x_1 x_2 = 16, if x1x_1 rises from 2 to 4, compute the new level of x2x_2 needed to stay indifferent, and write the number.

11. Transitivity's job

Without transitivity, what concrete failure appears in choice behavior?

12. MRS on the level-16 curve

At the bundle (4, 4) on the curve x1 x2 equals 16, what is the MRS in absolute value?

13. Perfect complements' corner

For a consumer needing exactly two units of good two per unit of good one, where does a best affordable bundle sit?

14. Diminishing MRS restated

What does diminishing MRS mean as you slide down and right along an indifference curve?

15. MRS at a rich bundle

For u of x1 times x2, compute the absolute MRS at the bundle (6, 3), and write the number.

16. Staying level at eight

On x1 x2 equals 16, if x1 rises from 2 to 8, compute how many units of x2 must be surrendered in total, and write the number.

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