Amartya Sen states that development is determined by our ability to increase the choice set that...

 

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Amartya Sen states that development is determined by our ability to increase the choice set that people can feasibly exercise. Using both consumer theory and preference theory, explain why this is the case. In developing your answer, you are free to rely on discrete or continuous choices in consumption. A fully complete graph must be provided. Amartya Sen states that development is determined by our ability to increase the choice set that people can feasibly exercise. Using both consumer theory and preference theory, explain why this is the case. In developing your answer, you are free to rely on discrete or continuous choices in consumption. A fully complete graph must be provided.

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Amartya Sens perspective on development emphasizes the importance of expanding peoples capability to have more choices and opportunities This can be explained using both consumer theory and preference ... View the full answer