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Joe has the utility function U(x,y) = min{2x,y}. Find the optimal demands of x and y for Joe as functions of prices and income.
Joe has the utility function U(x,y) = min{2x,y}. Find the optimal demands of x and
y for Joe as functions of prices and income.
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Understanding Econometrics With Economic Applications
Authors: Dennis Halcoussis
1st Edition
0030348064, 9780030348068
