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In a 2-Good Model, Suppose That All Individuals Have Tastes

question 4

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In a 2-good model, suppose that all individuals have tastes that are quasilinear in either good 1 or in good 2 (with some of each represented in the group.) The quasilinearity of everyone's tastes is then sufficient to insure that we can treat the group as if it were a single representative consumer.


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The process of actively supporting and representing a person or group to achieve their rights or needs in a specific case.

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The act of influencing or promoting legislation through various means, including lobbying, campaigning, or engaging with policy makers to support or oppose laws and policies.

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