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Let's say I have a utility function like U(C,D) = Min (C,3D). The budget constraint is C + D = $280, or that the prices
Let's say I have a utility function like U(C,D) = Min (C,3D). The budget constraint is C + D = $280, or that the prices are $1. How do I illustrate the Marshillian demand function i.e. draw it on a graph
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
