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a consumer consumes only two goods x and y is in eqillibrium price of x falls explain the reaction of consumer through utility analysis
In this section, we ask you to write down a simple, formal, mathematical model. A small number of points will be awarded for an intuitive discussion of the problem, but most of the
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critically evaluate the two main utility theories
data of past 20 years regarding price, wage, employment, productivity, investment, profit or loss.
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