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Slutsky demand - PowerPoint PPT Presentation

The Marshallian, Hicksian and Slutsky Demand Curves

The Marshallian, Hicksian and Slutsky Demand Curves. Graphical Derivation. We start with the following diagram. y. x. p x. x. In this part of the diagram we have drawn the choice between x on the horizontal axis and y on the vertical axis. Soon we will draw an indifference curve in here.

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635 views • 22 slides

The Marshall, Hicks and Slutsky Demand Curves

The Marshall, Hicks and Slutsky Demand Curves. Graphical Derivation. We start with the following diagram:. y. x. p x. x. In this part of the diagram we have drawn the choice between x on the horizontal axis and y on the vertical axis. Soon we will draw an indifference curve in here.

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188 views • 17 slides

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Slutsky demand - PowerPoint PPT Presentation

The Marshallian, Hicksian and Slutsky Demand Curves

The Marshall, Hicks and Slutsky Demand Curves