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Assume that Jane spends her entire income of $100 on two goods, x and y. Moreover, these goods are perfect complements for her. Let the price of good x go up while the price of y and Jane's income remain unchanged. Can you say for sure if she will buy more or less of good y as a result of the change? Explain and illustrate graphically.
prove that summation k =0 and summation kxi=1
Ask question #are there any welfare or subsidy payment that should be reviewed or added?
volatility
what is law of denam?
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expected solution plus hypothesis
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How will government regulation impact decision making
Students in the red/black card game had to make individual deals. How would the situation change if they could bargain collectively?
the demand for blankets has been estimated y^=0.5-1.5x2+3.0x3
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