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Microeconomic Theory: Basic Principles and Extensions, Eleventh Edition. Walter Nicholson, Christopher Snyder. VP/Editorial Director: Jack W. Calhoun. Sandee Milewski. Printer: West Group. Eagan, MN. Microeconomic Theory. Basic Principles and Extensions. Tenth Edition. Walter Nicholson Christopher Snyder. E Book-Nicholson & Snyder-Microeconomic Theoryth editionpdf Microeconomic Theory Basic Principles and Extensions ELEVENTH EDITION.
Constraining f x, y 16 creates an implicit function between the variables. The dy f x 8 x slope of this function is given by for combinations of x and y dx fy 6y that satisfy the constraint. The slope of the line at any point is given by dy dx 8x 6 y. Notice that this slope becomes more negative as x increases and y decreases. Since f 1, 2 16 , we know that at this point 2.
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