Sentence examples for consumption candidates from inspiring English sources
Whenever one of the consumption candidates from Eq. (12) for the optimal consumption level under the CC tariff admits a corner solution, ({hat{n}},) then the other consumption candidate is optimal.
Let ({hat{n1}}_{rm CC} = frac{beta_1 - p_{rm CC}}{2 betand}) and ({hat{n2}}_{rm CC} = frac{beta_1}{2 beta_2}) denote the interior solution of the two optimal consumption candidates under a CC tariff.
(13)Notice, that for any (p>0,) it follows that (n^*_{rm PU} < n^*_{rm FR}.) Thus, at most one of the consumption candidates can exceed bounds and admit the corner solution of ({hat{n}}.) Furthermore, it can be shown that whenever a consumption candidate admits a corner solution, then the other consumption candidate is optimal.
First, notice, that for any (p>0,) it follows that ({hat{n1}}_{rm CC} < {hat{n2}}_{rm CC}.) Thus, at most one of the consumption candidates can admit the corner solution of ({hat{n}}.) Next, we show that ({hat{n}} = c_{rm CC}/{p_{rm CC}}) is the optimal consumption within one tariff segment if the interior solution exceeds bounds.
The only assumptions that are made about (F_{B1}) are that (1) (F_{B1} (p_{rm CC})=0,) which ensures a positive consumption level for all (beta_1) under all tariffs and (2) that (0consumption candidates of the CC tariff, (n1_{rm CC}) and (n2_{rm CC},) are chosen with positive probability.
Of course, a rational consumer would choose the consumption candidate that yields the higher consumer surplus.
Therefore, without loss of generality, we can restrict our attention to the case where neither consumption candidate admits a corner solution.
Thus, irrespective of which consumption candidate is optimal under a CC tariff, both are consumer surplus dominated by the optimal consumption plans under either the FR tariff or the PU tariff.
Most of the current gossip about conspicuous consumption involves candidates in this year's big elections, spread by opponents who want to define a fiscal conservative as a person who flies coach.
In our companion paper, 110 we link these cardiovascular outcomes with experimental trials of alcohol consumption on candidate causal molecular markers.
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