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Econ 210A Demand Problems, October, An economy has M consumers. For i = 1, . . . , M , Consumer i has utility function √ Ui (x1i , x2i ) = x1i + 2ai x2i where xji is the amount of good j that i consumes and whe
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Document Date: 2009-10-17 19:40:08
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IndustryTerm
indirect utilities /
corner solutions /
possible corner solutions /
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SocialTag
Microeconomics
Utility
Goods
Aggregate demand
Corner solution
Marshallian demand function
Gorman polar form
Budget constraint
Consumer choice
Consumer theory