Utility Maximization
Cobb-Douglas
Perfect Complements (Leontief)
Perfect Substitutes
CES
Alpha:
Show Budget Constraint
Reset Parameters
Income Expansion Path
Budget:
Cobb-Douglas
Perfect Complements (Leontief)
Perfect Substitutes
CES
Show Income Exp. Path
Reset Parameters
Income and Substitution Effect: Normal Goods
Price of X:
Price of Y:
Reset Parameters
Income and Substitution Effect: Giffen Good X
Price of X:
Reset Parameters