Definition of The Expenditure Function / Expenditure Functions: The expenditure function is e(p,u) -- the minimum income necessary for a consumer to achieve utility level u given a vector of prices for goods p. (The consumer is presumed to get utility from the goods.) (Econterms)

Terms related to The Expenditure Function / Expenditure Functions:
None

About.Com Resources on The Expenditure Function / Expenditure Functions:
None

Writing a Term Paper? Here are a few starting points for research on The Expenditure Function / Expenditure Functions:

Books on The Expenditure Function / Expenditure Functions:
None

Journal Articles on The Expenditure Function / Expenditure Functions:
None

<Return to Main Page>