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The market demand-(and supply) curve paradox

Haugen, Kjetil K.; Heen, Knut Peder
Peer reviewed, Journal article
Published version
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URI
https://hdl.handle.net/11250/3100434
Date
2021
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Original version
Economics and Business Letters (EBL). 2021, 10 (1), 69-71.   10.17811/ebl.10.1.2021.69-71
Abstract
After many years of teaching utility maximization in Microeconomics a certain paradoxical puzzle has come to our attention. It is very simple and straightforward, but we still find it hard to explain it to students. Our hope is that the distinguished community of theoretical economists may help us solve this mystery. After all, we would find it extremely unlikely that we are the first persons to identify this paradox. Keywords: microeconomics, utility maximization, demand curve, market demand curve, supply curve
Journal
Economics and Business Letters (EBL)

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