=+B. Now consider specific tastes represented by particular utility functions. a. Suppose tastes are represented by the
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=+B. Now consider specific tastes represented by particular utility functions.
a. Suppose tastes are represented by the function u1x1
,x2 2 5 a ln x1 1 x2
. What is the shape of the cross-price demand curves for x1 and x2?
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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