Question: e ) Let k = 1 in the equilibrium equations in part d ) and show how the two equilibrium spending levels vary with changes
e Let k in the equilibrium equations in part d and show how the two equilibrium spending levels vary with changes in c that is interpret the signs of dxdc and dydc Then let c and show how the two equilibrium spending levels vary with changes in k that is interpret the signs of dxdk and dydk
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