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The top documents tagged [consumers endowment]
Ch9
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Optimal Taxation Old Riddles Neoclassical Answers Copyright 2008 by Peter Berck
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Chapter Nine Buying and Selling. Endowments u The list of resource units with which a consumer starts is his endowment. u A consumer’s endowment will
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Chapter Nine Buying and Selling. u Trade involves exchange -- when something is bought something else must be sold. u What will be bought? What will be
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UNIT I:Theory of the Consumer
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