Help: A True or False Question# Economics - 经济
l*a
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Q: Because of the Walras Law,we can place price vector on a simplex in general
equilibrium analysis.
Is it true? If it is,then how can I explain it? I don't know how to connect
Walras Law with Price simplex. I know in order to prove the existence of
Walras Law,Varian uses pice simplex theory.
Thanks a lot!!!
equilibrium analysis.
Is it true? If it is,then how can I explain it? I don't know how to connect
Walras Law with Price simplex. I know in order to prove the existence of
Walras Law,Varian uses pice simplex theory.
Thanks a lot!!!