=+B. Suppose both you and I have tastes that can be represented by the utility function u(x1
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=+B. Suppose both you and I have tastes that can be represented by the utility function u(x1
, x2
) 5 x1 0.5x2 0.5
, where x1 is “square feet of housing” and x2 is “dollars of other goods.”
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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