Optimal Consumption Rule

Tags: #Economics #Microeconomics

Equation

$$\frac{MU_{x}}{P_{x}} = \frac{MU_{Y}}{P_{Y}}$$

Latex Code

                                 \frac{MU_{x}}{P_{x}} = \frac{MU_{Y}}{P_{Y}}
                            

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Introduction

Equation



Latex Code

            \frac{MU_{x}}{P_{x}} = \frac{MU_{Y}}{P_{Y}}
        

Explanation

Latex code for Optimal Consumption Rule.

  • : Marginal utility (MU)
  • : Price

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