Suppose that a consumer with an income of $1,000 finds that basket A maximizes utility subject to

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Suppose that a consumer with an income of $1,000 finds that basket A maximizes utility subject to his budget constraint and realizes a level of utility U1. Why will this basket also minimize the consumer's expenditures necessary to realize a level of utility U1?
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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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