Model of Behavior of the Consumer

Liliana Zima (), Simona Sabou, Rita Toader and Cristian Anghel
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Cristian Anghel: Department of Economics and Physics, Technical University of Cluj Napoca

No 1413, Mathematical Modelling with Application in Economics from Technical University of Cluj Napoca, Department of Economics and Physics

Abstract: The paper presents analysis of factors that influence consumer behavior, pattern of behavior of the consumer using Lagrange multiplier, the function of utility to the consumer preferences and elasticity Analysis application on the basis of income and price.

Keywords: consumer behavior; factors; analysis; model; Lagrange multiplier (search for similar items in EconPapers)
JEL-codes: C80 L11 M31 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2014-06
New Economics Papers: this item is included in nep-upt
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Published in Mathematical Modelling with Application in Economics, June 2014, pages 115-122

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