Member since May 30, 2016

kartik1991

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kartik1991
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How do we solve for competitive equilibrium?
Mon 30 May, 2016 05:59 am - 2 consumers - 1 & 2 2 commodities - bicycles (b) and wheat (w) same utility function - u(b,w) = bw. Produced by 2 firms using only labour. Production functions: b=sqrt(l_b) and... (view)
 
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