Examlex
Verify that the values of the variables listed are solutions of the system of equations.
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Revealed Preferences
A concept in economics that studies consumer behavior based on the choices they make, revealing their preferences.
Francs
A former currency of France, which was replaced by the Euro.
Consumption
The act of utilizing economic goods to satisfy needs or desires.
Revealed Preferred
A theory in economics that preferences of consumers can be understood from their purchasing habits and choices, as observed from actual market behavior.
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