Slide 1Hal Varian Intermediate Microeconomics Chapter Ten Intertemporal Choice Slide 2 u Persons often receive income in “lumps”; e.g. monthly salary. u How is a lump…
Slide 1 Chapter Ten Intertemporal Choice Slide 2 u Persons often receive income in “lumps”; e.g. monthly salary. u How is a lump of income spread over the following month…