Re: GE doubt
Posted by happy on Jun 15, 2017; 3:15am
URL: http://discussion-forum.276.s1.nabble.com/GE-doubt-tp7605611p7605628.html
Yes i mean Good-x
5 unit of good-x is still available in the economy and price of x equal to 0.
Competitive equilibrium condition
total demand = total supply
so competitive equilibrium(5+e,5),(5-e,0) where e belongs to [0,5]