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Article #1740Re: applied micro-econ: a newcomer seeks help
From: William B Dwinnell
Date: Sun, 24 Jan 1993 18:15
Date: Sun, 24 Jan 1993 18:15
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Well, I am not familiar with the report you cite, nor what "linerization" took place therein, but it is often assumed (especially for instructive purposes), that supply and demand schedules are linear. In actuality, they may curve, be bent, or step.
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Path: arc1-ca.pugleaf.net!sparky!uunet!destroyer!gatech!pitt.edu!wbdst From: wbdst+@pitt.edu (William B Dwinnell) Newsgroups: sci.econ Subject: Re: applied micro-econ: a newcomer seeks help Message-ID: <2443@blue.cis.pitt.edu> Date: 24 Jan 93 18:15:02 GMT References: <1993Jan24.155214.1506@athena.mit.edu> Sender: news+@pitt.edu Organization: University of Pittsburgh Lines: 5