Question: 3. What role does consumer utility maximization play in a general equilibrium analysis? What is the role played by firm cost minimization in a general

3. What role does consumer utility maximization play in a general equilibrium analysis? What is the role played by firm cost minimization in a general equilibrium analysis?

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What role does consumer utility maximization play in a general equilibrium analysis? What is the role played by firm cost minimization in a general equilibrium analysis?

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