Part A 1. Using a graph show how a demand function can be derived, given the consumer's preferences map, the budget line and a cardinal Utility function
Part A 1. Using a graph show how a demand function can be derived, given the consumer's preferences map, the budget line and a cardinal Utility function
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Transcribed Image Text:Part A
1. Using a graph show how a demand function can be derived, given the
consumer's preferences map, the budget line and a cardinal Utility
function
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