BuyFind

Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406
BuyFind

Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406

Solutions

Chapter
Section
Chapter 7, Problem 9QP
Textbook Problem

Is there a logical link between the law of demand and the assumption that individuals seek to maximize utility? (Hint: Think of how the condition for consumer equilibrium can be used to express the inverse relationship between price and quantity demanded.)

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