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Q: microeconomics ( No Answer,   0 Comments )
Question  
Subject: microeconomics
Category: Business and Money > Economics
Asked by: loulouyan-ga
List Price: $10.00		 Posted: 11 Dec 2004 17:01 PST
Expires: 10 Jan 2005 17:01 PST
Question ID: 441422 
In the context of the usual utility maximization problem involving
n(>2) goods, prove that
a. all goods must have at least one net substitute
b. an inferior good must have at least one gross substitute, and
c. a Giffen good must have at least one gross complement
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