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Explain about the integrability problem.
The Integrability Problem:
Provide a system of demand functions x(p, m). Is there essentially a utility function by which such demand functions can be derived? That question is termed as the integrability problem. This problem can be solving by a differential equation and integrating back, eventually to the utility function. The Slutsky matrix plays a important role into this process.
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how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
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