Matches in DBpedia 2015-10 for { ?s ?p "In microeconomics, the expenditure minimization problem is another perspective on the utility maximization problem: "how much money do I need to reach a certain level of happiness?". This question comes in two parts. Given a consumer's utility function, prices, and a utility target, how much money would the consumer need? This is answered by the expenditure function."@en }
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- Expenditure_minimization_problem comment "In microeconomics, the expenditure minimization problem is another perspective on the utility maximization problem: "how much money do I need to reach a certain level of happiness?". This question comes in two parts. Given a consumer's utility function, prices, and a utility target, how much money would the consumer need? This is answered by the expenditure function.".