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(a) State what conditions an equilibrium has to satisfy in the following problem, but do not try to calculate an equilibrium. max CIXItc 2x2 s.t.
(a) State what conditions an equilibrium has to satisfy in the following problem, but do not try to calculate an equilibrium. max CIXItc 2x2 s.t. a j x 1 ta z x 2
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