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COPYRIGHT NOTICE: Dean Corbae, Maxwell B. Stinchcombe & Juraj Zeman: An Introduction to Mathematical Analysis for Economic Theory and Econometrics is published by Princeton…

Documents Consumer Choice From utility to demand. Scarcity and constraints Economics is about making choices. ...

Slide 1 Consumer Choice From utility to demand Slide 2 Scarcity and constraints Economics is about making choices.  Everything has an opportunity cost (scarcity): You…