Re: DSE 2011 Q.46

Posted by Stork on Jun 03, 2015; 10:33pm
URL: http://discussion-forum.276.s1.nabble.com/DSE-2011-Q-46-tp7597280p7597357.html

If Beta< Alpha, there will be an excess demand for x since both individuals demand equal amounts of both commodities. Since there is an excess demand for x its price cannot be equal to 0