d. Consider the subsidy introduced in (c). How much utility V will each saver attain under this
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d. Consider the subsidy introduced in (c). How much utility V will each saver attain under this subsidy?
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10among other functions, you should have derived uncompensated and compensated savings function as ks 1r, l2 5 11 2 a2/ and k c
s 5 c1 2 aa 1 1 r 1 1 r b
112a2 d /. (19.36)
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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