Suppose that you have highly non convex preferences for ice
Suppose that you have highly non convex preferences for ice cream and olives, like those given in the text, and that you face prices p1, p2 and have m dollars to spend. List the choices for the optimal consumption bundles.
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suppose that you have highly non convex preferences for ice cream and olives like those given in the text and that you
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illustrate the effects of elasticity on total revenue by working through this example original price 25 new price 26
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