A Probabilistic Approach to Estimating Aggregate Regional Demand for Broiler Meat
Chung Liang Huang and
Robert Raunikar
Journal of Agricultural and Applied Economics, 1982, vol. 14, issue 2, 131-137
Abstract:
Classical theory of consumer demand postulates that each consumer possesses a continuous utility function. The theory describes the behavior of a rational consumer such that the consumer's preferences for various sets of goods are given and the consumer purchases a set of goods which maximizes utility function subject to the budget constraint that total expenditure is equal to income.
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:14:y:1982:i:02:p:131-137_02
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