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Unformatted text preview: Households: Continuous tastes can be represented by a continuous utility function Continuous demand: Adequacy of income, continuous preferences Existence of General equilibrium: Continuous excess demand function Walras Law 1 st Fundamental Theorem of Welfare Economics...
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This note was uploaded on 09/30/2011 for the course ECON 113 taught by Professor Starr,r during the Fall '08 term at UCSD.
- Fall '08