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Utility - PowerPoint PPT Presentation

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Utility

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Idea: assign a number to each consumption bundle, with higher numbers assigned ... MRS only depends on preferences and not on their specific representation ... – PowerPoint PPT presentation

Number of Views:169
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Date added: 10 January 2010
Slides: 21
Added by: Username withheld or not provided
Learn more at: http://www.andrew.cmu.edu
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