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If a Consumer Is Initially Endowed with a Positive Amount

question 10

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If a consumer is initially endowed with a positive amount of two goods and sells some of one to get more of the other and if she has no other sources of income, then her budget line will pass through her endowment point.


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Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his theories of the collective unconscious and archetypes.

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