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microeconomics [2] Homogeneity of degree zero is a mathematical property assumed of Walrasian De- mand functions. Explain the intuitive value of the property. That is,

microeconomics

[2] Homogeneity of degree zero is a mathematical property assumed of Walrasian De- mand functions. Explain the intuitive value of the property. That is, provide your own justification for its appropriateness. (10 points)

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