Material covered


SkillBuilding Material
***See the "Steps to Solve for CobbDoug Demand" video for solutions
Worksheets and Problem Sets with Solutions
Perfect substitutes #2: correct answer is 0<=x<=6 and 0<=y<=4. Incorrect answer given 0<=x<=4 and 0<=y<=12.
QuasiLinear #2: the correct answer is X*= m/Px  1 and Y*=Px/Py. No answer was given
QuasiLinear #2: the correct answer is X*= m/Px  1 and Y*=Px/Py. No answer was given
There is a typo in #6. Only A & C satisfy monotonicity. The work is correct for D, but it does not satisfy monotonicity.