<span>I think this is correct: (1) When prices are (p1, p2) = (1, 2) a consumer demands (x1, x2) = (1, 2),and when prices are (q1, q2) = (2, 1) the consumer demands (y1, y2) = (2, 1).
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(2) When prices are (p1, p2) = (2, 1) a consumer demands (x1, x2) = (1, 2),and when prices are (q1, q2) = (1, 2) the consumer demands (y1, y2) = (2, 1).
Sorry if it's wrong</span>
Answer:
Economists use the term marginal change to describe small incremental adjustments to an existing plan of action. In simple words, Marginal changes are very small incremental changes which don't affect the larger (macroeconomics) totals except in aggregate.
Explanation:
Definitions by 2 examples
In Harlem during the Harlem Renaissance .....
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