=+5.2 Consider your tastes for $5 bills and $10 bills.

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 02, 2024 06:01 AM

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=+5.2 Consider your tastes for $5 bills and $10 bills.
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=+f. Refer again to end-of-chapter exercise 4.13 where the concepts of strong convexity and weak convexity were defined. Which of these are satisfied by the tastes you have graphed in this exercise?
=+A. Suppose that all you care about is how much money you have, but you dont care whether a particular amount comes in more or fewer bills (and suppose that you could have partial $10 and $5 bills).
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=+5.2 Consider your tastes for $5 bills and $10 bills.

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Microeconomics An Intuitive Approach With Calculus

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