=+d. On the graph you drew for part (a), illustrate what producer tastes for this producer would
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=+d. On the graph you drew for part (a), illustrate what “producer tastes” for this producer would look like assuming the worker’s tastes over consumption and leisure satisfy the usual five assumptions for tastes we developed in Chapter 4. How is this fundamentally different from the usual producer case where the producer’s indifference curves are formed by prices in the economy?
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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