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1. (2 points) Rachel only consumes eggs and bacon and her preferences are strongly monotonic. Can both eggs and bacon be inferior? Explain.
1. (2 points) Rachel only consumes eggs and bacon and her preferences are strongly monotonic. Can both eggs and bacon be inferior? Explain.
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
6th edition
132831007, 978-0132831000
