Question: Derive and extensively discuss the equi-marginal principle. Two commodity case b. Three commodity cases Hint: You are expected to compare using equal to, greater
Derive and extensively discuss the equi-marginal principle. Two commodity case b. Three commodity cases Hint: You are expected to compare using equal to, greater than or less than for both 'a and b above.
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Now suppose that there are two commodities that are x and y the price of x is Px and the price of y ... View full answer
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