=+i.** Can you demonstrate, using the compensated demand functions you calculated for the two types of tastes,
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=+i.** Can you demonstrate, using the compensated demand functions you calculated for the two types of tastes, that the values for P and R are in fact areas under these functions (as you described in your answer to A(c)?) (Note: This part requires you to use integral calculus.)
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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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