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VED1
E L-LOVELY-H math11-1 IInd 21-10-11 IIIrd 24-1-12 IVth 21-4-12 Vth 20-8-12 VIth 10-9-12

fJekJh^11 L gqshpzX T[uso ns/ fBwBso

B'N
....(ii)

;wheoD (1) s/ (2) B{z b?D s/ n;hA gqkgs eod/ jK^

iK ....(9)

d{ik eqw PosK (Second-order Conditions) d/ nB[;ko

(fJZE/, rh 11 < 0)

;wheoD B{z ft;wko eoB s/
2
2
r (h 11 h 12 – h 12 ) > 0
feT[Afe r > 0, d{i/ eqw PosK B{z fBwB nB[;ko do;kfJnk ik ;edk j?^
2
h 11 > 0 h 11 h 22 – h 12 > 0 ....(10)
d'B'A fJeZmhnK do;kT[AdhnK jB fe h 22 > 0 j'Dk ukjhdk j?. nfijh dPk ftZu jo/e T[sgkd dh
;hwKs bkrs tXdh j'Jh j[zdh j?. ;wheoD (10) dhnK PosK fJj dZ;dhnK jB fe T[sgkdB
;zGktBk teo T[; fpzd{ T[Zs/ w[Zb fpzd{ d/ tZb T[Bs'do j[zdh j? fiZE/ ;wheoD (9) dhnK gfjbh^ eqw
PosK ;zs[PN j[zdhnK jB. cow nfXeheoD bkG dh dPk ftZu j't/rh.

Nk;e i/eo bkG θ 1 ns/ θ 2 j? Bkb jh T[sgkd dh wsok q 1 ns/ q 2 j? sK fJ;dk cbB eh j?<

11H2 jkBhg{oe wzr cbB (Compensated Demand Function)
jkBh g{oe wzr t;s{ dh T[j wksok do;kT[Adk j? fijVh fJZe T[gG'esk fBPfus PosK (fit/A eo,
nkofEe ;jkfJsk) nkfd d/ nzsors eq: eodk j?.
i/eo U = q 1 q 2 T[d'A ftnzie

Z = p 1 q 1 + p 2 q 2 + q 1 q 2

B{z nzfPe fBy/VB eoe/ Iho' d/ pokpo oZyD s/,

q 1 ns/ q 2 d/ bJh jZb eoB s/ nGhPN jkBhg{oe wzr j't/rh^

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