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references are given by: U(c1, c2) = c1/2 1 + c1/2 2 where c1 and c2 denote consumption of apples in period 1 and period
references are given by: U(c1, c2) = c1/2 1 + c1/2 2 where c1 and c2 denote consumption of apples in period 1 and period 2 respectively
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