2008•Bulletin of University of Agricultural Sciences and Veterinary Medicine Cluj-Napoca HorticultureOpen access
DERIVING THE DEMAND CURVE ASSUMING THAT THE MARGINAL UTILITY FUNCTIONS ARE LINEAR
C. C. Merce
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Abstract
This paperwork derives the function of demand depending on price assuming that the marginal
utility functions are linear. The main idea is that we can derive the demand function starting from the
equimarginal principle. Starting from the equimarginal principle and from the budget equation and assuming that
the marginal utility functions are linear we can derive the demand function.