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f your indifference curves are flatter than your budget line, then your marginal rate of substitution is a smaller number in absolute value (closer to
f your indifference curves are flatter than your budget line, then your marginal rate of substitution is a smaller number in absolute value (closer to zero) than the slope of your budget line in absolute value. Write a mathematical inequality, with a, c, px, and py in it, for the condition that your indifference curves are flatter than your budget line. (e) Suppose your indifference curves are flatter than your budget line, as described in part (d). As functions of a, c, px, py , and I, write your demand for good x (i.e., the quantity of x in your favorite bundle that you can afford), and your demand for good y (the quantity of y in your favorite bundle that you can afford). As in (c), neither of those functions will have all of the variables a, c, px, py , and I in them, and some of those variables will not be in the demand for either good
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