Give me a practice problem that asks me to derive Marshallian demand.
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Prompt Starters
- What is the law of supply and demand?
- Who was Milton Friedman?
- Describe Modern Portfolio Theory to me.
- Give me a practice problem that asks me to derive Marshallian demand.
- What is the Slutsky equation?
- What is the Chicago School of Economics?
- Explain what the Income and Substitution effects are.
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