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Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406

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BuyFindarrow_forward

Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406
Textbook Problem

In a two-good world (goods A and B), what does it mean to be in consumer disequilibrium?

To determine

Explain the concept of consumer disequilibrium.

Explanation

In a two good world, the consumer disequilibrium occurs at the point where the marginal...

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