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Suppose every student in your section or study group, given their preferences and constraints, consumed goods and services optimally (i.e. as consumer choice theory would
Suppose every student in your section or study group, given their preferences and constraints, consumed goods and services optimally (i.e. as consumer choice theory would predict).
a) For an individual, certain cells on any single line would depend on each other. through what formulas would those cells be linked?
b) Of the five variables, which one would be most similar across all students? Explain your answer.
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