Question: 1. What condition must be satisfied for a consumption bundle to be optimal for the consumer?What are the basic requirements for a competitive equilibrium in

optimal for the consumer?What are the basic requirements for a competitive equilibrium

What condition must be satisfied for a consumption bundle to be optimal for the consumer?What are the basic requirements for a competitive equilibrium in any macroeconomic model? What are the requirements for a competitive equilibrium specifically in the two-period model

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