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2. Theory of consumption l- The following quasiconcave function describes the preferences of a consumer for two goods 1 and 2, with the non-negative quantities
2. Theory of consumption l- The following quasiconcave function describes the preferences of a consumer for two goods 1 and 2, with the non-negative quantities x, and x2, in a traditional model of consumer choice. _ 1_ U=k where 0 c: a
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