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When prices are (p 1 , p 1 ) = (2,1) a consumer demands (x 1 , x 2 ) = (1,2), and when prices
- When prices are (p1, p1) = (2,1) a consumer demands (x1, x2) = (1,2), and when prices are (p1,p2) = (1,2) the consumer demands (x1,x2) = (2,1). Is this behavior consistent with the model of utility maximization?
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