What is Indirect Utility function?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
What is a Utility Function ?
Posted by:
Amjed Mehboob
30-March-2016

Utility Design Economics

Question added by Amjed Mehboob , G.M -(Currently Job Seeking ) , Advance Education centre
Date Posted: 2016/03/30

Upvote (0) Views (5) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

Mohammad Zauque Siddique

by Mohammad Zauque Siddique , Sr. AutoCAD Drafter (MEP) , Shimizu Corporation India PVt.Ltd.

n economics, a consumer's indirect utility function gives the consumer's maximal attainable utility when faced with a vector of goods prices and an amount of income . It reflects both the consumer's preferences and market conditions.

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

Costs required to carry-out the sales process but that are neither directly related to sales nor periodic. Utilities, telephone, travel, advertising..
Top Answer: <p style="text-align:justify;">We can clasify the expenses into two types.</p> < ... See More

Answers (12)
What is the difference between the direct and indirect method of calculating cash flow from operations?
Top Answer: B. The direct method starts with sales and follows cash as it flows through the income statement, while t ... See More

Answers (6)
Hire Laravel Developers to Build Fully-functional Web and Mobile App Solutions?
Top Answer: Laravel is a popular PHP web application framework that is well-suited for building ... See More

Answers (1)
To replaces Part of a text string with a different text string The relevant Excel function is:
Top Answer: 3->>>>>>>>>>>>>>>>>>>>>>>>>> ... See More

Answers (1)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.