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Explain the budget equation and the allocation-of-consumer-expenditure equation, and explain how the usual demand function is derived

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Explain the budget equation and the allocation-of-consumer-expenditure equation, and explain how the usual demand function is derived from them.

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Pushpinder Singh
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Intermediate Microeconomics

Intermediate Microeconomics

ISBN: 9780155414969

1st Edition

Authors: Robert W. Clower, Philip E. Graves

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