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<p>For example, a person's demand for nails is usually independent of his or her demand for bread, since they are two unrelated types of goods. Note that this concept is subjective and depends on the consumer's personal <a href="page.php?w=utility_function">utility function</a>.</p>

<p>A <a href="page.php?w=Cobb-Douglas">Cobb-Douglas utility function</a> implies that goods are independent. For goods in quantities X<sub>1</sub> and X<sub>2</sub>, prices p<sub>1</sub> and p<sub>2</sub>, income m, and utility function parameter a, the utility function</p><p>
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