1. Why might some prefer a prix fixe (fixed price) dinner costing about the same as an à la carte one (where you pay individually for each item)? (Assume the food is identical.)

January 4, 2018 | Author: deanjhonson | Category: Comics

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2. Consider a person with the following utility function over wealth: u(w) = ew, where e is the exponential function (ap...

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