Discuss the interpretation of the case analysed in Fig. H.4 as a problem in consumer demand. Is the type of solution, with one good’s optimal consumption zero, plausible in reality? What if we were...

Discuss the interpretation of the case analysed in Fig. H.4 as a problem in consumer demand. Is the type of solution, with one good’s optimal consumption zero, plausible in reality? What if we were talking (realistically) about thousands of goods and not just two?



May 26, 2022
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