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ECON 121: Intermediate Microeconomics Solutions to Problem Set 2 Niccol o Lomys Spring 2016 Problem 1 Consider an economy in which there are two goods, 1and 2, whose prices are p 1 >0and p 2 >0, respectively. These exams are from Professor William Wheaton's course site, 14.01 Principles of Microeconomics, Fall 2007, and are used with permission. Some of the most popular courses are those in dentistry, nursing, pharmacy, nutrition, and medicine. Game theory. Utility and Choice . The UPSC IES (Indian Defence Service of Engineers) for Indian railways and border road engineers is conducted for aspirants looking forward to making a career in engineering. (Consumer Choice) Jeremy™s favorite ⁄owers are tulips x 1 and da⁄odils x 2. Welcome! XD. Problem Set 1: Solutions ECON 301: Intermediate Microeconomics Prof. Marek Weretka Problem 1 (From Varian Chapter 1) In this problem, the supply curve shifts to the left as some of the apartments are converted into condominiums. 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