Evaluatinmg Obamacare: health reform- January, 2014
Slide 1Copyright © 2004 McGraw-Hill Ryerson Limited Chapter 3 Rational Consumer Choice.
Chapter 3 McGraw-Hill/IrwinCopyright © 2010 The McGraw-Hill Companies, Inc. All rights reserved.
Chapter 3 The Utility Function Approach to Consumer Choice Consumer’s Problem: Choose the BEST BUNDLE she/he can AFFORD. Breaking the problem into 2 stages: