The utility function can be used to derive the demand function, and both concepts relate to utility maximization.

Working out how to test a motorbike's fuel consumption, calculating the amount of fuel used after a short ride and reading a fuel consumption table.

Despite this, age structure effects are rarely controlled for in empirical consumption functions. Our findings suggest that they should. By analysing Norwegian quarterly time series data, we find that ...

This “expensing” provision was a favorite of consumption tax theorists, and became part of the stimulus bill because its designers hoped to eventually make expensing full and permanent.