ECN700-HW6_a

ECN700-HW6_a - and 3 x 1 + x 2 = 2 x 1 + 3 x 2 . The...

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Problem Set 6 - Brief Solutions 1. and 2. For both of these problems, the solution is p 1 p 2 = 1. 3. Solve for the demand of consumer 1 by setting 2 x 1 = x 2
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Unformatted text preview: and 3 x 1 + x 2 = 2 x 1 + 3 x 2 . The solution is a bit messy, but it’s whatever ratio solves the equation: 6 z 2-41 z + 8 = 0...
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This note was uploaded on 10/22/2009 for the course ECG 700 taught by Professor Morrill during the Fall '09 term at N.C. State.

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