=+6.5 Assume you have an income of $100 to spend on goods x1 and x2 . A.
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=+6.5 Assume you have an income of $100 to spend on goods x1 and x2
.
A. Suppose that you have homothetic tastes that happen to have the special property that indifference curves on one side of the 45-degree line are mirror images of indifference curves on the other side of the 45-degree line.
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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