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    Microeconomics Theory and Applications Study Set 2
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    Exam 3: The Theory of Consumer Choice
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    Graphically and Mathematically Illustrate the Consumer's Optimal Choice Between Two
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Graphically and Mathematically Illustrate the Consumer's Optimal Choice Between Two

Question 52

Question 52

Essay

Graphically and mathematically illustrate the consumer's optimal choice between two goods,yams and xylophones,which are consumed in positive amounts.

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Let I = income,PX = per unit price of xyl...

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