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Placing Housing on the X-Axis and All Other Goods on the Y-Axis,illustrate

Question 45

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Placing housing on the x-axis and all other goods on the y-axis,illustrate homelessness using indifference curve analysis.Demonstrate how a homeless individual receives more utility from being homeless than from purchasing the minimum level of housing available in the area.

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blured image The minimum level of housing is at some...

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