Table 14 Consumers choices. Perfect Competition
Parameter values at a = 1 | Quantities consumed | Parameter values at a = 1 | Quantities consumed |
|---|---|---|---|
d = 0; b = 1 | \(q_{1}=q_{2}=1\) | d = 0.7; b = 1 | \(q_{1}=1\) or \(q_{1}=0\) \(q_{2}=0\) or \(q_{2}=1\) |
d = b | \(q_{1}=1\) or \(q_{1}=0\) \(q_{2}=0\) or \(q_{2}=1\) | d = 0.7; b = 0 | \(q_{1}=q_{2}=1\) |
d = − 1; b = 0 | \(q_{1}=q_{2}=1\) | d = 0.1; b = 1 | \(q_{1}=q_{2}=1\) |
d = − 1; b = 1 | \(q_{1}=q_{2}=1\) | d = 0.2; b = 1 | \(q_{1}=q_{2}=1\) |